Indian economy likely to grow 6% in FY24: CRISIL

Daily Current Affairs / Indian economy likely to grow 6% in FY24: CRISIL

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Category : Business and economics Published on: March 20 2023

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As per the rating agency CRISIL annual growth forecast, India’s Gross Domestic Product (GDP) growth will touch 6% in FY24 slower than the 7% estimated by the National Statistics Office (NSO) for FY2023.
Indian economy averaging a growth rate of 6.8% over the next five fiscals.
The risks to inflation are “tilted upward” due to the predictions of El Nino, the weather phenomena, over the next couple of months.

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Indian economy likely to grow 6% in FY24: CRISIL