International
India's GDP to grow by 6-6.8% in next fiscal as per economic Survey 2023
By: TP News
Date: 1/31/2023 2:32:20 PM
New Delhi:The Economic Survey for 2022-23 has pegged India's GDP growth for the next fiscal 2023-24 in a broad range of 6-6.8 percent. The Survey's baseline forecast for real GDP growth is 6.5 per cent.
The Survey was tabled by Finance Minister Nirmala Sitharaman in Parliament today. Indian economy will grow 6% to 6.8% in the next financial year starting April 1, down from 7% projected for the current year, as a global slowdown is likely to hurt its exports. At that pace, India's economic growth next fiscal year will still be the fastest among major economies.