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No Evidence Suggesting Slowdown In Indian Economy: Centre

No Evidence Suggesting Slowdown In Indian Economy: Centre

NDTV
Thursday, July 06, 2023 04:18:45 PM UTC

According to the provisional estimates released by the National Statistical Office (NSO) recently, real GDP growth for 2022-23 stood at 7.2 per cent.

The Indian economy has carried the momentum from the past year into the current fiscal year and there has been no evidence by far that suggests a slowdown in the current financial year 2023-24, said the Department of Economic Affairs under Ministry of Finance in its monthly review report.

According to the provisional estimates released by the National Statistical Office (NSO) recently, real GDP growth for 2022-23 stood at 7.2 per cent, higher than the 7 per cent as was projected earlier. An upward revision in the 2022-23 GDP numbers is expected going forward.

For 2023-24, the central government sees growth at about 6.5 per cent.

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