New Delhi. There is tremendous inflation worldwide. The recession is being discussed all around. Amidst all this, the International Monetary Fund i.e. IMF has heard good news for India. The IMF has said that India will remain the fastest economy in the world even in the financial year 2026. IMF assesses that in the financial year of 2026, India’s growth rate i.e. GDP can be 6.5 percent. However, the IMF has said that India will have to make some improvements to achieve this. According to the IMF, India will have to continue the work of promoting private investment and FDI.
The IMF has said that India will also have to create ease of business, stable policy structure and tariff and non -tariff cuts will also have to be done by India. With this, the IMF has said that India’s development rate remains fast. According to the IMF, India will continue to have strong development due to continuous economic and financial stability. Let us know that India remains the fastest developed economy in the world. India became the 5th economy in the world during the Modi government. Now the Modi government aims to make India the third major economy in the world. Even during the Korona period, India lodged a higher growth rate i.e. GDP from other countries including China.
In February, the central government released GDP data. These GDP figures were of the third quarter of 2024. India’s GDP was 6.2 percent in the third quarter. The first assessment was that GDP would be 6.3 percent in the third quarter. In this way, India’s goal was only less. Whereas, in the second quarter, India’s growth rate was 5.6 percent. The government had earlier estimated that GDP could be 6.5 percent in 2024. Overall, India’s economy is currently going well. Whereas, the figures of the economy of all developed and developing countries, including the US and China, are much less than that.