Estimate of India's growth rate in the current financial year by the World Bank.

Estimate of India's growth rate in the current financial year by the World Bank.

Daily Current Affairs / Estimate of India's growth rate in the current financial year by the World Bank.

Change Language English Hindi

Category : Business and economics Published on: October 04 2023

Share on facebook

In October 2023, the World Bank estimated India's growth rate in the current financial year.
According to the World Bank, India's growth rate in the current financial year is estimated to be 6.3%.
The World Bank has said in its report that India's growth rate is the second highest among G-20 countries and almost double the average of emerging market economies.
This resilience is driven by strong domestic demand, strong public infrastructure investment and a strong financial sector.
The country's bank credit increased by 15.8 percent in the first quarter of the current financial year, whereas it had increased by 13.3 percent in the first quarter of the previous financial year.
The World Bank was established in the year 1944.
Its headquarters is located in Washington DC.

Recent Post's

Poshan Tracker data shows that 34% of Indian children under five are stunted, highlighting ongoing challenges despite improved nutrition indicators.
Read More....
Arun Kumar Singh has been granted a notable one-year extension as ONGC Chairman, ensuring leadership continuity during the company’s production revival phase.
Read More....
India signs a $946 million sustainment deal for 24 MH-60R Seahawk helicopters, boosting naval capabilities and US-India defence ties.
Read More....
India’s TDPS boosts Assam’s tea sector, increasing production, exports, and small grower empowerment.
Read More....
India ranks 131st in the Women, Peace and Security Index 2025/26, highlighting gradual but uneven progress in women’s empowerment.
Read More....
Navy Day on December 4 honours the Indian Navy’s valor, discipline, and pivotal role in safeguarding India’s maritime security.
Read More....
Ministry of Women & Child Development launches 100-day campaign to make India child marriage-free by mobilizing citizens and communities.
Read More....
Government of India has designated South Kannad in Karnataka as a District Export Hub (DEH) under the ‘Districts as Export Hubs’ initiative, promoting marine products and cashews as potential export items.
Read More....
On December 3, 2025, India promotes disability inclusion and rights through initiatives like Accessible India Campaign, UDID, and PM-DAKSH on International Day of Persons with Disabilities.
Read More....
84% of Jal Jeevan Mission complaints came from Uttar Pradesh, highlighting major quality and financial irregularities in rural piped water projects.
Read More....