Chief Economic Adviser V Anantha Nageswaran on Saturday said that the government is on the same page with the Reserve Bank of India on the GDP growth forecast for the current financial year which is 6.5 per cent.
RBI Governor Shaktikanta Das announced at the end of the monetary policy committee (MPC) meeting on Thursday that the GDP growth forecast for 2023-24 has been pegged at 6.5 per cent, a tad higher than the April forecast of 6.4 per cent.
Speaking at a session organised by Bharat Chamber of Commerce here, Nageswaran said, “Both the ministry of finance and the RBI are on the same page with the growth forecast for the current fiscal which is 6.5 per cent with risks evenly balanced. The domestic economic growth momentum is strong enough to overcome external risk factors”.
“We also benefit from lower oil prices and overall domestic macroeconomic stability,” he said.
This story is from the New Delhi 11June2023 edition of Millennium Post Delhi.
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This story is from the New Delhi 11June2023 edition of Millennium Post Delhi.
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