Good news has come for India from abroad. The World Bank has expressed confidence in the Indian economy and advised investors from all over the world to invest in India. World Bank Country Director Auguste Tano Kuame said that India’s future is bright despite a slight recession and we are positive towards the country’s economic prospects. There is no need to worry about development at the moment.
There is no concern about India’s development.
The Country Director of the World Bank said that there is a possibility of a slight recession in India’s growth rate, but we are not worried about it at the moment. Talking about India’s growth rate further, he said that only one percent of the fluctuations will not change the positive attitude of the World Bank on the Indian economy, as India is currently the best place for investment. In August, Tano Kame had said that if someone is concerned about the current GDP figures, then we will say that there is nothing to worry about, India is a shining star in the world. If you are thinking of investing, come to India and invest, the growth of the Indian economy makes it a favorite place for investment.
Thoughts on increasing assistance to India
The Reserve Bank of India (RBI) for the current financial year has estimated the economic growth rate of 7.2 percent in December 2024, which was 8.2 percent in the same quarter of the previous financial year. World Bank -based Country Director Auguste Tano Koume has said that the World Bank is also considering increasing the financial assistance given to India. It also includes its partner organizations.
This will affect the sentiments of investors!
This good news of the World Bank has come at a time when foreign investors continue to sell in Indian stock markets. In such a situation, this statement of the Country Director of the World Bank can prove to be effective on the sentiments of investors and not only in the stock markets but in all areas of the country, increasing foreign investment can lead to further boost.