India to grow by 6.5 pc in 2025

New Delhi: INDIA is expected to grow by 6.5 per cent in 2025 on the back of continued robust public spending and ongoing monetary easing, even as the world economy is on a recessionary trajectory, driven by escalating trade tensions and persistent uncertainty, a UN report said.
The UN Trade and Development (UNCTAD) in its new report, ‘Trade and Development Foresights 2025 – Under pressure: Uncertainty reshapes global economic prospects’, said that global growth is projected to slow to 2.3 per cent in 2025, placing the world economy on a recessionary path.
The report released on Wednesday cites mounting threats, including trade policy shocks, financial volatility and a surge in uncertainty that risk derailing the global outlook. India is projected to grow by 6.5 per cent in 2025, slightly lower than the 6.9 per cent growth of 2024 but still maintaining its status as the fastest growing major economy, the report said.
UNCTAD “estimates that India will grow by 6.5 per cent in 2025 on the back of continued robust public spending and ongoing monetary easing. The decision of the central bank to cut the interest rate by 25 basis points for the first time in five years in early February will support household consumption as well as provide a boost to private investment plans,” it said.