India: 2024 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for India

Author: International Monetary Fund. Asia and Pacific Dept

Volume/Issue: Volume 2025 Issue 054

Publication date: February 2025

ISBN: 9798229002899

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Topics covered in this book

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Exports and Imports , Inflation , Investments and Securities-General , Labor , Economics- Macroeconomics , Public Finance , Private investment , Inflation , Labor markets , Foreign direct investment

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Summary

Prudent macroeconomic policies have supported India’s economic resilience, with growth expected to recover from a recent softening and inflation expected to converge to target. Risks to the outlook include deepening geoeconomic fragmentation and a slower pace of domestic demand recovery.