World Bank Economist hails India’s economic growth, calls India as “fastest growing economy”
Amid the global turmoil of US based tariffs India stands strong as the economy toll is continuously growing . Over this World Bank Lead Economist Aurélien Krus said that “India remains the fastest-growing large economy, expected to grow between 6% and 7% in the foreseeable future... The real challenge for India is to explore ways to achieve a growth rate of 10%, focusing on productivity, efficiency, and integration into global value chains”.
He also said that "... India's growth is supported by its large and growing working-age population, which will continue to expand until around 2050. This favourable dependency ratio, with more active workers than inactive ones, is a significant asset that drives the country’s economic growth. Additionally, India's position as a hub for innovation, especially in digital and global capability centres, further contributes to its economic productivity”.
