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The Reserve Bank, in its monetary policy review in April, projected GDP growth for 2023-24 at 7 per cent. As regards the economic growth in the current fiscal, Sinha said the GDP is expected to expand at 7.1 per cent.
The GDP numbers for the fourth quarter (January-March 2024) and the provisional estimates for the 2023-24 fiscal are scheduled to be released by the government on May 31.
India Ratings and Research forecasts India's GDP growth rate at 6.7% for the March quarter and 6.9-7% for 2023-24 fiscal year, per economist Sunil Kumar Sinha. Government to release Q4 GDP numbers and fiscal estimates on May 31.
The Reserve Bank, in its monetary policy review in April, projected GDP growth for 2023-24 at 7 per cent.