आरबीआई गवर्नर शक्तिकांता: चल रहे वित्तीय वर्ष में भारतीय जीडीपी 8% के करीब हो सकती है।

India's GDP may be closer to 8% in ongoing fiscal year: RBI Governor Shaktikanta

RBI Governor Shaktikanta Das suggests India's GDP may reach around 8% in the current fiscal year, indicating optimistic economic growth.

National News
300
07, Mar, 2024

Jivika Chawla

@JivikaChawla

India's GDP may be closer to 8% in the ongoing fiscal year: RBI Governor Shaktikanta

Reserve Bank of India (RBI) Governor Shaktikanta Das expressed optimism on Wednesday, stating that the Indian economy is poised to exceed the Central government's Second Advance estimate of 7.6 % growth for the current financial year. Das reaffirmed projections made during the Monetary Policy Committee's February session, emphasizing his belief that India could attain a growth rate of 7 % in the fiscal year FY25.

"I am quite optimistic about next year's GDP growth," Das added.

The State Bank of India echoed similar sentiments in its 'Ecowrap' research report. The report highlighted the unexpected and significant impact of third-quarter GDP figures on market sentiment, surprising some and catching others off guard. It emphasizes the importance of adopting prudent policy approaches and perspectives to surpass unwarranted expectations, minimizing vulnerabilities in the economic outlook. Both the RBI governor and the State Bank of India's report reflect a positive outlook for India's economic growth, showcasing resilience and potential for the upcoming fiscal year.