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03 Sep 2024

World Bank Raises India Growth Forecast To 7 Per Cent For FY25

According to Economic Survey, the country's real gross domestic product (GDP) will grow at 6.5-7 per cent in 2024-25. However, the Reserve Bank of India estimates a higher 7.2 per cent for the current financial year.

07 Jun 2022

World Bank slashes India’s economic growth forecast to 7.5%

It had lowered the projection from 8.7% to 8% earlier in April, and it is currently expected to be 7.5 percent. The GDP expansion compares to an 8.7% expansion in the prior fiscal year 2021-22.

Chief Economic Adviser

27 Feb 2016

Govternment to take balanced view on fiscal deficit target: CEA

Government is open to the idea of going in for higher fiscal deficit to propel growth in the upcoming Budget and will take a balanced view after considering various factors, Chief Economic Adviser Arvind Subramanian said.

30 Sep 2015

Fitch lowers India GDP forecast to 7.5% for 2015-16

This comes a day after Reserve Bank revised downwards its real GDP forecast for 2015-16 to 7.4 percent from earlier expectation of 7.6 percent, saying growth is expected to pick up in the latter part of the fiscal.

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