India's GDP To Grow By 6-6.8% In Next Fiscal As Per Economic Survey 2023

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Capital Market
Last Updated : Jan 31 2023 | 1:31 PM IST
The Economic Survey for 2022-23 has pegged India's GDP growth for the next fiscal 2023-24 in a broad range of 6-6.8 percent. The Survey's baseline forecast for real GDP growth is 6.5 per cent. The Survey was tabled by Finance Minister Nirmala Sitharaman in Parliament today. Indian economy will grow 6% to 6.8% in the next financial year starting April 1, down from 7% projected for the current year, as a global slowdown is likely to hurt its exports. At that pace, India's economic growth next fiscal year will still be the fastest among major economies.

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First Published: Jan 31 2023 | 1:15 PM IST

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