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Home > News > India News > Article > World Bank upgrades Indias GDP growth forecast to 69 per cent for FY23

World Bank upgrades India's GDP growth forecast to 6.9 per cent for FY23

Updated on: 06 December,2022 12:16 PM IST  |  New Delhi
PTI |

World Bank's India Development Update said India is affected by spillovers from the US, Euro area and China

World Bank upgrades India's GDP growth forecast to 6.9 per cent for FY23

Representative image. Pic/Istock


World Bank on Tuesday revised upwards its GDP growth forecast for India to 6.9 per cent for 2022-23 from 6.5 per cent earlier.


World Bank's India Development Update said India is affected by spillovers from the US, Euro area and China.



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It however saw the government meeting the fiscal deficit target of 6.4 per cent of the GDP in 2022-23.

World Bank expects the inflation at 7.1 per cent in current fiscal year.

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