'What An Economist PM Couldn't Achieve': Amit Shah Hails PM Modi's Leadership After IMF's Growth Forecast

“When the nation is led by a sensitive hardworking, and dedicated leader, then extraordinary results become imperative,” Union Home Minister Amit Shah posted on X, formerly Twitter, on Wednesday as he hailed Prime Minister Narendra Modi’s visionary leadership in view of the IMF forecasting robust economic growth in India.

The International Monetary Fund (IMF) on Tuesday raised India’s GDP projection marginally by 0.2 per cent to 6.3 per cent even as it slashed the global growth forecast to three per cent.

IMF’s World Economic Outlook said growth in India is projected to remain strong at 6.3 per cent in both 2023 and 2024, with an upward revision of 0.2 percentage points for 2023, reflecting stronger-than-expected consumption from April to June.

Citing IMF’s figures, PM Modi posted on X: “Powered by the strength and skills of our people, India is a global bright spot, a powerhouse of growth and innovation. We will continue to strengthen our journey towards a prosperous India, further boosting our reforms trajectory.”

Hailing his vision towards the Indian economy, Shah said: “Leadership matters. When the nation is led by a sensitive hardworking, and dedicated leader, then extraordinary results become imperative. On account of the visionary leadership of PM @narendramodi Ji our nation is growing at a rate faster than that of developed nations today.”

Shah also took a dig at former prime minister and economist Manmohan Singh, saying: “What an economist Prime Minister couldn’t achieve, a leader dedicated to the people accomplished. More power to you Modi Ji on the path to making our Bharat the foremost country in the world.”

Globally, the body said the world economy has lost momentum from the impact of higher interest rates, the invasion of Ukraine and widening geopolitical rifts, and it now faces new uncertainty from the war between Israel and Hamas militants.

Meanwhile, the IMF said it expects global economic growth to slow to 2.9 per cent in 2024 from an expected 3 per cent this year. The forecast for next year is down a notch from the 3per cent it predicted back in July.