The World Bank raised its growth forecast for South Asia to 6.4% in 2024 from an earlier estimate of 6.0%, citing the strength of domestic demand in India and quicker recoveries in crisis-hit countries such as Sri Lanka and Pakistan.

The World Bank has revised India’s economic growth forecast to 7% for 2024-25, citing increased agricultural output and employment-focused policies. Other global bodies, including the IMF and ADB, have also upped their forecasts,

The World Bank has raised India’s economic growth forecast from 6.6 per cent to 7 per cent for the financial year 2024-25 citing the growth of agriculture output and policies as a major factor contributing to the employment growth in the economy.

The World Bank has revised its growth estimate for South Asia from 6 per cent to 6.4 per cent citing strong domestic demand in India. It also revised India’s growth forecast to 7 per cent.

The World Bank raised its economic growth forecast for South Asia for this year, citing stronger domestic demand in India and faster recoveries elsewhere in the region.