Growth seen at 6.1-6.8% for FY25 on 7-quarter Q2 low
India's economic growth forecasts for fiscal year 2025 have been cut by economists due to a slowdown in expansion. GDP is expected to grow 6.1-6.8%, down from an earlier forecast of 7.2%. Key factors include low consumption, weak investment demand, and reduced urban wage growth. Government spending and healthier agricultural production may support growth in the second half.