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The International Monetary Fund (IMF) Tuesday raised India’s GDP projection by 0.2 percentage point to 6.3 per cent even as it slashed the global growth forecast to 2.9 per cent in 2024 from three per cent in 2023.
”Leadership matters. When the nation is led by a sensitive, hardworking and dedicated leader, then extraordinary results become imperative. On account of the visionary leadership of PM @narendramodi Ji our nation is growing at a rate faster than that of developed nations today.
”What an economist Prime Minister couldn’t achieve, a leader dedicated to the people accomplished. More power to you Modi Ji on the path to making our Bharat the foremost country in the world,” Shah wrote on ‘X’.
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India’s growth is projected to be higher than China’s, the second-largest economy in the world. The IMF’s projection for the United States in 2024 is 1.5 against 2.1 in 2023, for Germany 0.9 against -0.5, the UK’s 0.6 against 0.5 and Canada’s 1.6 against 1.3.