Page 19 - NIS English 01-15 July,2025
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Title tite | NATION
Nations senior economist Ingo Pitterle has said
that this growth is driven by consumption and
public investment in private sector enterprises.
The report estimates that the Indian economy
will grow at a rate of 6.4 percent next year.
RADICAL CHANGES IN THE INDIAN
ECONOMY
There was a time in the year 2013 when the
Indian economy was considered a member of
the ‘Fragile Five’ group. But under the leadership
of Prime Minister Narendra Modi, India has now
become the fastest-growing major economy in
the world. For this, many major reforms were
done at the economic level. First of all, inflation
was controlled, ease of doing business was
July 1-15, 2025 || NEW INDIA SAMACHAR 17
