Particle.news

Download on the App Store

India Counters Trump’s ‘Dead Economy’ Tariff with IMF Growth Data

Leadership is using IMF data to rebut Trump’s tariff threat, showcasing India’s macro strength.

Image
Image
Image

Overview

  • President Trump announced a 25% tariff on Indian imports and labeled India’s economy “dead,” a claim echoed by Rahul Gandhi.
  • BJP IT cell chief Amit Malviya shared IMF projections ranking India second among developing economies with growth forecasts of 6.7% in 2025 and 6.4% in 2026.
  • Union Minister Hardeep Puri and Maharashtra Chief Minister Devendra Fadnavis described India’s economy as strong and resilient, citing the latest IMF World Economic Outlook.
  • Official data show India’s real GDP rose 6.5% in FY 2024-25, CPI inflation cooled to 2.10% in June, and Q1 exports climbed 5.94% to $210.31 billion.
  • Structural reforms like GST and Production-Linked Incentive schemes, along with demographic advantages and rural consumption gains, continue to underpin India’s high-growth trajectory.