For financial year 2024-25, the focus should be to sustain growth momentum by securing real GDP growth of at least 7 per cent, an article published in the RBI’s monthly bulletin for January said.
For the current fiscal ending March 31, 2024, the RBI has projected real GDP growth of 7 per cent. The first advance estimate, released by the National Statistical Office (NSO) earlier this month, said the country’s economy is expected to grow at 7.3 per cent in the current fiscal. On Wednesday, RBI Governor Shaktikanta Das in Davos said the GDP growth in India will touch 7 per cent in 2024-25.
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