Economic Buzz: IMF Lowers India Growth Forecast To 6.8% In FY2022-23

12 Oct 2022 , 10:50 AM

The International Monetary Fund (IMF) on Tuesday cut its projection of Indias economic growth in 2022 to 6.8 per cent, as it joins other global agencies that have trimmed forecasts, as per figures released in the IMFs October 2022 World Economic Outlook. The IMF had in July projected a gross domestic product (GDP) growth of 7.4 per cent for India in the fiscal year that started in April 2022. For the next year 2023, India has been projected to grow at 6%. Powered by Commodity Insights