FY25 GDP growth at 6.5%: Govt remains confident of growth momentum as domestic demand seen to stay strong

The government remains confident in the fourth quarter of 2024-25 tax buyers in the growing prospects and revival growth, as well as the next financial uncertainties and continues to be fully rebirth.

According to the second preliminary estimates of the national income released on Friday, India’s economy is 6.5% in FY25, which TAD is better than the first GDP growth – 6.4%. The GDP is estimated at 6.2% and the growth rate of the second quarter of the fiscal year has increased in the third quarter of the fiscal year, compared to 5.8%. However, the growth of the first quarter was revised down by 20 BPS by 6.5%, earlier than 6.7%.

Analysts said taking the current assessments, GDP growth in the fourth quarter of fiscal farming should be between 7.6%, many of which call very optimistic.

However, the main economic adviser Vanantha Nagswaran highlighted that a wide range of fiscal trimester was due to internal demand and exports, and it will most likely continue to move forward.

“Despite the prospect of uncertain growth, India’s economic momentum is expected to be guided by strong rural consumption and reports about rebirth. Forged Rabbi’s production and better rabbags, combined with higher reservoir levels and seasonal correction of vegetable prices, the assistant is good.

The tax cuts announced in the 2025-26 budget for the middle class will help contribute to the rise of demand. Moreover, the growth of the fourth quarter of GDP will also help cost more private consumption due to travel and expenditures with Maha Kumbi, where millions of Indians went. Although he said that it would be difficult to measure its impact, “Ke” said that in the fourth fiscal quarter “will have a big impact on consumption costs.”

The growth of private final consumption is estimated at 6.9%, in the second quarter of the second quarter, by 5.9%, while the final government’s expenses were 8.3% in the third quarter of the previous quarter.

However, most of the analysts expect that GDP growth is less than 7.6% in the fourth fiscal quarter. “.. GDP is clearly evaluated by growth by 7.6% to Q4 FY2025. This, we believe that smaller on the top side, taking into account the global scenities of export and product prices, which will affect corporate margins, as well as electricity and relief.

The agency expects the Q4 GDP growth to print about 6.5-6.9%, through government expenses and rural consumption. Therefore, for the whole year of FY2025, we expect GDP growth by 6.3% against the second estimate of 6.5%, he said.

India’s senior economic analysts, Paras As Jeris, said that the possibility of a 4% plus growth of 4qfy25 seemed difficult, especially the existing circumstance that can maintain the requirement of investment by private players. “Positive news has been modentating inflation, which is expected to be decreased by 4.5% at 4QFY25. This will ensure the promotion of real salary and thus the demand for consumption, “he said.

However, Ryan, Chief Economist Ryan, said CareEdge ratings that the agency expects GDP growth about 7% Q4 FY25 and 6.7% FY26. “Factors such as restoring the rural requirement, the tax burden, the reduction of the policy exchange rate, falling food inflation and the restoration of state capital expenditures should support the improvement of the upcoming economic activity. During Maha-Kumbh celebrations, the celebrations should also support consumer demand and spheres such as trade, hotel and transport, “he said, adding that sustainable recovery in consumption would be important corporate treatment. However, the uncertainty of global politics, especially on the trading front, geopolitical tensions and weather events, remains a key observable, he also said:

Jageswar also stressed that the term nearly the terms of economic economic worldview affects the trading policy of the large economist, slowly disinfecting. “This policy can burn inflation, lead to more strict financial conditions and increase instability,” he said.

Further challenges include developments such as US dollar and Japanese interest rates that can increase capital leaks from developing markets, increase risk bonuses and increase external risks.