ClearIAS
ClearIAS
May 23, 2025 at 06:28 AM
Fitch Ratings has revised India's medium-term GDP growth potential upward by 0.2 percentage points to 6.4% over the next five years. This adjustment reflects a significant increase in labor force participation, contributing more to growth than productivity gains. Conversely, China's growth projection has been reduced from 4.6% to 4.3%, due to declining labor participation and weaker investment. These changes highlight India's strengthening economic outlook relative to other emerging markets, as noted in Fitch's latest assessment.
Image from ClearIAS: Fitch Ratings has revised India's medium-term GDP growth potential upw...

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