Economic Survey predicts India's GDP to grow 6.5% next year

In FY24, it is predicted that the Indian economy will expand by 6.5 percent in real terms due to increased domestic demand.

The nominal GDP growth rate is projected to be close to 11%.

The Economic Survey 2022–23 most likely predicted a growth rate of 7% for the current fiscal year, 2022–23.

This is higher than the Reserve Bank of India's predicted 6.8% growth rate.

In 2021-22, the economy had posted a growth rate of 8.7 per cent.

Source: Indian Express