- Moody’s Investors Service has increased India’s economic growth estimate for 2023 to 5.5%.
- This is higher than the 4.8% estimated earlier.
- The increase is due to a sharp increase in capital expenditure in the Budget.
Moody’s Raises India’s Growth Projection for 2023 to 5.5%
- Moody’s Investors Service has increased India’s economic growth estimate for 2023 to 5.5%.
- This is higher than the 4.8% estimated earlier.
- The increase is due to a sharp increase in capital expenditure in the Budget.
[Via]
