GDP Growth
FY24 real GDP growth is seen at 6-6.8%. This is below the FY23 estimated GDP growth and is partly a function of reduced exports following global slowdown. Improving domestic demand, pick up in capital expenditure are likely to aid economic growth.
FY23 GDP growth forecast | |
Reserve Bank of India | 6.8% |
World Bank | 6.9% |
India’s GDP growth stood at 8.7% in FY22, boosted by the pandemic-induced low base of FY21. Annual nominal GDP growth to be around 10%-12% on average in the coming years.
Inflation
Climate action
FDI inflows
Insurance sector
NBFCs
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