Indian economy may grow by average 6.7% till FY31, says S&P Global:

Indian economy may grow by average 6.7% till FY31, says S&P Global:

Daily Current Affairs   /   Indian economy may grow by average 6.7% till FY31, says S&P Global:

Change Language English Hindi

Category : National Published on: August 07 2023

Share on facebook
  • Expressing confidence in the medium-term growth potential of the Indian economy, S&P Global in its report titled ‘Look Forward: India’s Moment’, projected an average annual growth of 6.7 per cent from the fiscal year 2023-24 (FY24) to FY31, with capital accumulation as the main driver of this growth. This increase would correspond to a per capita GDP of around $4,500.
Recent Post's
  • Mongolia’s parliament appointed 39-year-old Uchral Nyam-Osor as the new Prime Minister with 88 out of 107 votes, marking the third leadership change in nine months.

    Read More....
  • ISRO has launched Mission Mitra in Ladakh to test psychological resilience and team dynamics of Gaganyaan astronauts in extreme high-altitude conditions.

    Read More....
  • Myanmar’s parliament elected military leader Min Aung Hlaing as President with 429 votes, consolidating military control after the 2021 coup.

    Read More....
  • Prime Minister Modi inaugurated the Samrat Samprati Museum in Gujarat to highlight the contributions of Mauryan ruler Samrat Samprati, popularly known as ‘Jain Ashoka’.

    Read More....
  • Vice President C.P. Radhakrishnan released Sudha Murty’s book ‘Tides of Time’, which showcases India’s history through 124 murals in the Parliament building.

    Read More....
  • The Indian Navy commissioned stealth frigate INS Taragiri, the fourth vessel under Project 17A, at Visakhapatnam on April 3, 2026.

    Read More....
  • The Ministry of Education has granted ‘Deemed to be University’ status to NCERT, enabling it to offer PhD programmes and advanced research in school education.

    Read More....
  • Sadhana Saptah 2026 Day 3 on 4 April will feature expert webinars on Quantum Technology, Digital Infrastructure and Artificial Intelligence for better governance.

    Read More....
  • 1992-batch IAS officer Chanchal Kumar took charge as Secretary of the Ministry of Information & Broadcasting on April 1, 2026.

    Read More....
  • Renowned sand artist Sudarshan Pattnaik has been appointed as the brand ambassador for India’s first digital Census 2027.

    Read More....