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World Bank upgrades India's GDP growth forecast to 6.9% for FY23. The World Bank raised its GDP growth forecast for India to 6.9 percent in 2022-23 from 6.5 percent previously. World Bank's India Development Update said India is affected by spill overs from the US, Euro area and China.
The World Bank on Tuesday revised upwards its GDP growth forecast for India to 6.9 per cent for 2022-23, saying the economy is showing higher resilience to global shocks.
World Bank Country Director in India Auguste Tano Kouame on Tuesday stated that the Indian economy has been remarkably resilient despite a challenging external environment and the country's government through its policy reforms and prudent regulatory measures has played a key role and is putting a lot of effort to make the economy dynamic.
World Bank's India Development Update said the country is affected by spillovers from the US, Euro area and China
India is affected by spillovers from the United States (US), Euro area and China, according to the World Bank's India Development Update, , indian economy, india, economy, global growth, world bank