New Delhi: Regardless of world uncertainties and downward revisions in progress forecasts for different massive economies, India is ready to keep up its management in world financial progress, the federal government stated on Wednesday. Supported by robust fundamentals and strategic authorities initiatives, the nation is well-positioned to navigate the challenges forward.

“With reforms in infrastructure, innovation, and monetary inclusion, India continues to boost its position as a key driver of worldwide financial exercise,” stated the Ministry of Finance.

India is poised to steer the worldwide economic system as soon as once more, with the Worldwide Financial Fund (IMF) projecting it to stay the fastest-growing main economic system over the following two years.

In response to the April 2025 version of the IMF’s World Financial Outlook (WEO), India’s economic system is predicted to develop by 6.2 per cent in 2025 and 6.3 per cent in 2026, sustaining a stable lead over world and regional friends. It reveals a downward revision within the 2025 forecast in comparison with the January 2025 replace, reflecting the influence of heightened world commerce tensions and rising uncertainty.

“Regardless of this slight moderation, the general outlook stays robust. This consistency alerts not solely the energy of India’s macroeconomic fundamentals but additionally its capability to maintain momentum in a fancy worldwide atmosphere. Because the IMF reaffirms India’s financial resilience, the nation’s position as a key driver of worldwide progress continues to achieve prominence,” stated the ministry.

The IMF’s projections reaffirm India’s resilience, additional solidifying its significance in shaping the worldwide financial future. The April 2025 version notes that after a number of years of overlapping shocks, the worldwide economic system has entered a section of cautious stabilisation.

Progress stays modest, and projections for world output have been revised downward from the January 2025 replace. This displays a steep rise in tariff charges, coverage uncertainty, and slowing progress in worldwide cooperation.

“For India, nevertheless, the expansion outlook is comparatively extra secure. The IMF initiatives regular enlargement for the Indian economic system, supported by agency non-public consumption, significantly in rural areas,” the ministry famous.

In a world atmosphere marked by uncertainty and subdued progress, India’s resilience stands out, reinforcing its position as a key driver of worldwide financial exercise, it added.