Business News LIVE Updates: India has potential to become $55 trillion economy by 2027, says IMF Executive Director

India’s private credit to GDP ratio was 58% in 2020, six decades behind the advanced economies which are now at 200%, though there is phenomenal work being done in terms of financial inclusion through schemes like 'Pradhan Mantri Jan-Dhan Yojana', the IMF official said.

Aug 13, 2024 - 01:30
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Business News LIVE Updates: India has potential to become $55 trillion economy by 2027, says IMF Executive Director
India’s private credit to GDP ratio was 58% in 2020, six decades behind the advanced economies which are now at 200%, though there is phenomenal work being done in terms of financial inclusion through schemes like 'Pradhan Mantri Jan-Dhan Yojana', the IMF official said.

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