GDP Growth

Avatar




Bharat Express News Network


However, they diverged on their views on the economic growth for the entire fiscal, with SBI estimating the FY24 growth at 6.7 per cent while Icra projecting it will come in at 6 per cent, which is much below the RBI estimate.

The Budget does not put out real or inflation-adjusted GDP growth projections...

According to S&P Global Ratings Senior Economist (Asia Pacific) Vishrut Rana said, "We expect 6.7 per cent growth on average over the course of our forecast horizon which extends to FY26-27. This fiscal (2023-24) we expect growth to be 6 per cent."

The past nine years can be called the era of public welfare and nation-building, as during this period, the country has witnessed fundamental changes in its basic structure.

Private consumption remained weak, but growth exceeded analyst expectations, driven by government and private capital spending.