According to the Reserve Bank of India (RBI), India's economic growth rate is likely to be over 7 per cent in FY23

Daily Current Affairs / According to the Reserve Bank of India (RBI), India's economic growth rate is likely to be over 7 per cent in FY23

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Category : Business and economics Published on: May 29 2023

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The Reserve Bank of India (RBI) expects growth for 2022-23 to be higher than the advance estimate of 7 per cent as economic momentum continues in the third and fourth quarters of the last financial year.
According to the second advance estimate released by the National Statistical Office (NSO) in February, the economy is estimated to grow at 7 per cent
In 2022-23 as against 8.7 per cent in the previous fiscal.