India Gdp 2024 Impact On Us. But to reach its $1 trillion merchandise exports goal by 2030, india needs to diversify its export basket and leverage global value chains. The country’s remarkable growth rate of 8.4% in the third quarter of the fiscal year 2024 1 surpassed all expectations, as market analysts.
India’s cad was 1.9 percent of gdp in fy2023 and it is expected to be lower in fy2024. The central government is likely to meet its fiscal deficit target of 5.9 percent of gdp in fy23/24 and combined with consolidation in state government deficits, the general government deficit.