BS EDIT: India’s GDP growth: Stability & challenges ahead

By Business StandardPublished On Mar 3, 2025

GDP growth trends

Q3 GDP: 6.2% growth, reversing declines

Full-year projection: 6.5%, slightly revised up

Revised estimates show shifts

2023-24: 9.2% (up from 8.2%)

2022-23: 7.6% (up from 7%)

Growth is normalising after past highs

Investment concerns persist

Private investment weak due to global uncertainty

Govt capex remains key growth driver

Fiscal stability efforts

Deficit control post-Covid has helped

Govt aims for a declining debt-to-GDP ratio from 2026-27

Capex vs private sector growth

High govt borrowing may impact private investment & consumption

What’s next?

Boosting private investment is crucial for sustained growth

Govt must balance spending, borrowing & stability