Indian Gdp 2024 Down Or Hair

Indian Gdp 2024 Down Or Hair. Moody’s last week raised its forecast for india’s gdp growth in calendar 2024 to 6.8% from its earlier projection of 6.1%. While gdp is on track to register a strong 6.7% expansion in 2023 (6.6% in fy 2023/24), we forecast growth will slow to 5.7% in 2024 (6.2% in fy 2024/25).

This was stated by the economic survey 2023. Based on ppp, india’s economy in 2024 is projected at 14,594 billion international dollars, 3rd highest in the world, behind the united states and china.