GDP growth projected to fall to four-year low at 6.4%

•India’s real GDP growth for 2024-25 is projected at 6.4%, a four-year low, down from 8.2% in 2023-24, as per National Statistics Office (NSO).

•The economy grew 6% in the first half of 2024-25, with an expected 6.8% growth in the second half.

•Real Gross Value Added (GVA) is forecasted to rise by 6.4%, compared to 7.2% in 2023-24.

•Gross Fixed Capital Formation (GFCF), a key indicator of investments, is projected to grow by just 6.4%, down from 9% in 2023-24.

•Reviving growth above 7% will be a critical challenge for the upcoming Union Budget for 2025-26.