Share your story and shine at JK Monitor!🌟 Welcome to JK Monitor, where every story matters and every achievement is celebrated! We invite you to share the remarkable journey of your life and showcase your accomplishments to the world. Join our exclusive interviews that honor exceptional individuals just like you. JAMMU: BJP Spokesperson for Jammu & Kashmir UT, Gaurav Gupta, has welcomed the recent remarks by IMF Managing Director Kristalina Georgieva, calling them a powerful global endorsement of Prime Minister Narendra Modi’s visionary economic leadership. He said the IMF Chief’s recognition of India as a “key engine of global growth” highlights India’s rise as a resilient and dynamic economic powerhouse, even as major world economies face slowdown.
Gupta highlighted that Georgieva, speaking at the IMF–World Bank Annual Meetings in Washington, praised India’s bold economic and structural reforms, including the digital identity revolution (Aadhaar), expansion of digital payments, rationalization of GST slabs, and comprehensive tax reforms. Georgieva stated, “India proved doubters wrong,” referring to India’s ability to implement large-scale reforms that many once thought impossible, and positioning India as a model for growth and innovation globally.
He noted the IMF’s latest projections showing India’s GDP growth at 6.5% for 2025 and 2026, in comparison with China’s projected growth of 4.8% in 2025 and 4.2% in 2026, the U.S. at 1.9% in 2025 and 2.0% in 2026, and a global average of around 3%. “While most major economies are slowing, India is growing at more than double the global average, clearly establishing itself as the engine of world growth,” he emphasized.
Gupta also highlighted that the Reserve Bank of India has projected an even higher 6.8% GDP growth for FY 2025–26, driven by strong domestic consumption, a favourable monsoon, private sector investment, and sustained government spending. He said this demonstrates the resilience of India’s fundamentals and the effectiveness of Modi Ji’s reform-driven policies.
Gupta pointed out that despite rising U.S. tariffs and global trade tensions, the IMF Chief’s praise underscores the credibility and impact of India’s policies. “Even amid external headwinds, India continues to lead with stability, growth, and inclusive reforms,” he remarked.
He also responded to recent remarks by U.S. President Donald Trump, who referred to India as “dead economie” Gupta said that the IMF’s endorsement completely contradicts and invalidates these remarks. “India is not a ‘dead economy’; it is the engine driving global growth. The IMF’s projections and global recognition make it clear that India is setting the pace for the world economy,” he said.
Gupta further added that Prime Minister Narendra Modi’s bold reforms — from modernized taxation to digital infrastructure and ease of doing business — have transformed India into a global example of economic strength and resilience. “Despite global headwinds and protectionist measures abroad, India continues to rise as a beacon of growth, innovation, and stability. The IMF’s praise validates Modi Ji’s policies and underscores India’s role as a trusted engine of global recovery,” he concluded.
