False
Download Learnerz IAS app from the Play Store now! Download

$show=search/label/May%202022

 


FY24 India Growth Projection UPSC NOTE

 


FY24 India growth projection

  • S&P Global Ratings retained India’s GDP growth forecast at 6% saying India will be the fastest-growing economy among Asia-Pacific nations.

  • The GDP growth forecast for the current and the next fiscal has been kept unchanged from the forecast made in March partly on account of domestic resilience.

  • India's economy is expected to grow at about 6% along with Vietnam and the Philippines on account of domestic resilience.



  • The medium-term growth outlook remains relatively solid. The Asian emerging market economies remain among the fastest growing ones in  global growth outlook through 2026.

  • S&P said retail inflation is likely to soften to 5% this fiscal from 6.7%, and the RBI is expected to cut interest rates only early next year. 

  • The inflation and rate hike cycles have peaked.

  • RBI is expected to cut rates only in early 2024, as it wants to see inflation moving to 4%.

  • S&P has lowered the growth forecast for China to 5.2% from 5.5% for 2023.

COMMENTS

Name

Amritsar,1,April 2024,301,Art & Culture,1,August 2023,251,Courses,7,Daily Current Affairs,48,December 2023,189,Disaster Management,2,Environment and Ecology,156,February 2024,228,Foundation Course,1,GDP,1,GEMS Club,1,GEMS Plus,1,Geography,163,Govt Schemes,2,GS 2,1,GS1,6,GS2,41,GS3,17,GST,1,History,10,Home,3,IAS Booklist,1,Important News,71,Indian Economy,125,Indian History,5,Indian Polity,137,International Organisation,12,International Relations,110,Invasive Plant,1,January 2024,240,July 2023,281,June 2022,6,June 2023,268,June 2024,240,March 2024,238,May 2022,17,May 2024,330,Mentorship,2,November 2023,169,October 2023,203,Places in News,2,Science & Technology,78,Science and Technology,90,September 2023,205,UPSC CSE,111,
ltr
item
Learnerz IAS | Concept oriented UPSC Classes in Malayalam: FY24 India Growth Projection UPSC NOTE
FY24 India Growth Projection UPSC NOTE
Learnerz IAS | Concept oriented UPSC Classes in Malayalam
https://www.learnerz.in/2023/08/fy24-india-growth-projection-upsc-note.html
https://www.learnerz.in/
https://www.learnerz.in/
https://www.learnerz.in/2023/08/fy24-india-growth-projection-upsc-note.html
true
4761292069385420868
UTF-8
Loaded All Posts Not found any posts VIEW ALL Readmore Reply Cancel reply Delete By Home PAGES POSTS View All RECOMMENDED FOR YOU LABEL ARCHIVE SEARCH ALL POSTS Not found any post match with your request Back Home Sunday Monday Tuesday Wednesday Thursday Friday Saturday Sun Mon Tue Wed Thu Fri Sat January February March April May June July August September October November December Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec just now 1 minute ago $$1$$ minutes ago 1 hour ago $$1$$ hours ago Yesterday $$1$$ days ago $$1$$ weeks ago more than 5 weeks ago Followers Follow THIS PREMIUM CONTENT IS LOCKED STEP 1: Share to a social network STEP 2: Click the link on your social network Copy All Code Select All Code All codes were copied to your clipboard Can not copy the codes / texts, please press [CTRL]+[C] (or CMD+C with Mac) to copy Table of Content