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World Bank Report On GDP: The World Bank report on the GDP front for India is going to give a big relief. On Tuesday, the World Bank has estimated India’s economic growth rate of 6.3 percent for the financial year 2025-26 amid global uncertainties. That is, India will remain the fastest economy in the world. Earlier, India’s economic growth was reduced to 6.3 percent by the World Bank. However, before that he said 6.7 percent in estimates.
China-Pak will get chili
The report said that the World Bank has reduced the estimate of global economic growth for this year citing trade war. Also, China’s exports increased at the rate of 4.8 percent in May. The reason for this has been that exports to America have declined by about 10 percent compared to the same period of a year ago.
In the World Bank’s Global Economic Possibility Report, it has estimated that during the Financial Year 2025-26, India will remain the world’s fastest-growing major Ecocomi. The World Bank believes that China’s economic growth will grow at the rate of four and a half percent in the year 2025 and four percent in the next four years.
The lowest speed after 2008
According to the latest report of the World Bank’s global economic possibility, there is a possibility of decline in economic growth worldwide this year due to trade tension and policy uncertainties. This speed will be the lowest speed after the recession in 2008.
It has also been said in this report that during the year 2024-45 in India, the speed of growth has slowed down. It partially expresses softening in industrial production. By the way, growth in manufacturing and services sector has been stable and demand in rural areas has made it possible to improve agriculture production.
