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.