Wednesday, December 25, 2024

Q1 bump tied to polls, confident GDP growth will hit 7.2%: RBI guv

Saturday, August 31, 2024, 20:26
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RBI Governor Shaktikanta Das anticipates that India’s GDP growth will meet the projected 7.2% for this financial year, driven by favorable monsoon conditions and higher government spending. The first-quarter growth dipped to 6.7% due to reduced government expenditure related to elections. However, he remains optimistic about achieving the annual projection.

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