PTI
International Monetary Fund (IMF) on Tuesday raised India’s GDP projection marginally by 0.2 per cent to 6.3 per cent even as it slashed the global growth forecast to 3 per cent.
IMF in July had estimated India’s GDP forecast at 6.1 per cent for 2023-24. However, this is lower than the RBI’s latest estimate of 6.5 per cent for the current financial year.
However, India’s growth is projected to be higher than China’s, the second-largest economy in the world.
