First advance estimate pegs FY25 GDP growth at 6.4% vs 8.2% FY24
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First advance estimate pegs FY25 GDP growth at 6.4% vs 8.2% FY24

India's GDP growth is estimated to moderate to a four-year low of 6.4% in the current financial year ending March, according to the first advance estimate released by the statistics ministry Tuesday. The Indian economy has grown by at least 7% in each of the last three financial years after shrinking 5.8% in 2020-21 (Apr-Mar). In FY24, GDP growth beat all forecasts to come in at 8.2%.

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