India’s emergence as the fastest-growing economy, surpassing China, is unsurprising due to the parity in the size of the economies of both nations, as per Krishna Srinivasan, the Director of the IMF’s Asia and Pacific (APAC) Department.
“China is more than four times bigger than India, and in that sense, if India is growing faster today than China, then it should not be surprising,” Srinivasan explained, while speaking with ANI.
Krishna Srinivasan from the International Monetary Fund (IMF) praised India’s economic performance, calling its projected growth rate of 6.8% for the fiscal year 2024-25 “very impressive.”…