India's Economic Triumph in 2025: High Growth Amidst Declining Inflation and Unemployment
In 2025, India demonstrated robust economic resilience with an 8.2% GDP growth in the second quarter, surpassing previous quarters. The nation's remarkable performance amidst global uncertainties saw a significant drop in the unemployment rate to 4.7% from 5.2% in November, marking the lowest since April of the same year. Concurrently, consumer price inflation notably softened to 0.71% by November. This period is described as a 'Goldilocks moment' with high growth and low inflation, aided by structural reforms, strong domestic demand, and positive trade performance. The country also strengthened its position as the fourth-largest global economy, aspiring to surpass Germany by 2030.
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