India Set To Maintain Its Leadership In Global Economic Growth: Centre

New Delhi: Despite world uncertainties and downward revisions in enlargement forecasts for different huge economies, India is about to take care of its management in world financial enlargement, the federal government stated on Wednesday. Supported via sturdy basics and strategic executive projects, the rustic is well-positioned to navigate the demanding situations forward.

“With reforms in infrastructure, innovation, and financial inclusion, India continues to enhance its role as a key driver of global economic activity,” stated the Ministry of Finance.

India is poised to guide the worldwide economic system as soon as once more, with the International Monetary Fund (IMF) projecting it to stay the fastest-growing main economic system over the following two years.

According to the April 2025 version of the IMF’s World Economic Outlook (WEO), India’s economic system is anticipated to develop via 6.2 in step with cent in 2025 and 6.3 in step with cent in 2026, keeping up a forged lead over world and regional friends. It presentations a downward revision within the 2025 forecast in comparison to the January 2025 replace, reflecting the have an effect on of heightened world business tensions and rising uncertainty.

“Despite this slight moderation, the overall outlook remains strong. This consistency signals not only the strength of India’s macroeconomic fundamentals but also its capacity to sustain momentum in a complex international environment. As the IMF reaffirms India’s economic resilience, the country’s role as a key driver of global growth continues to gain prominence,” stated the ministry.

The IMF’s projections reaffirm India’s resilience, additional solidifying its significance in shaping the worldwide financial long term. The April 2025 version notes that when a number of years of overlapping shocks, the worldwide economic system has entered a segment of wary stabilisation.

Growth stays modest, and projections for world output had been revised downward from the January 2025 replace. This displays a steep upward push in tariff charges, coverage uncertainty, and slowing growth in global cooperation.

“For India, however, the growth outlook is relatively more stable. The IMF projects steady expansion for the Indian economy, supported by firm private consumption, particularly in rural areas,” the ministry famous.

In an international atmosphere marked via uncertainty and subdued enlargement, India’s resilience stands proud, reinforcing its function as a key motive force of worldwide financial task, it added.