Economic survey 2023 likely to peg 2023-24 growth at slowest in three years: Report
Monday, 30 January 2023 The government survey is likely to say that growth is seen at 6.5% for 2023-24 under the baseline scenario, the person said, declining to be named as the matter was confidential. This would be the slowest in three years. Nominal growth is likely to be forecast at 11% for 2023-24, the source added.
Today, Finance Minister Nirmala Sitharaman tabled the Economic Survey 2022-23 in Parliament. The survey estimated India’s GDP growth in FY24 at 6.5%, while the growth for the ongoing year has been projected at 7%, compared to 8.7% in FY22.
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