What factors led to the downward revision of India's GDP growth projection for FY25?
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What factors led to the downward revision of India's GDP growth projection for FY25?

What factors led to the downward revision of India's GDP growth projection for FY25?
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What factors led to the downward revision of India's GDP growth projection for FY25?

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The GDP growth projection for the financial year 2025 was lowered from 6.9% to 6.4% due to expectations of a slowdown in the second half of the fiscal year. Factors influencing this anticipation include subdued global growth, a higher base, and the delayed impact of interest rate hikes by the Reserve Bank of India.

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