INDIAN ECONOMY LIKELY TO GROW AT 7% IN FY24, INFLATION WILL EASE
Reserve Bank of India (RBI) governor Shaktikanta Das praised the structural reforms undertaken by the government in recent years and said that the Indian economy is likely to record a growth of 7 per cent in the next fiscal. The RBI governor said the structural reforms have accelerated the medium and long-term growth prospects of the Indian economy.Shaktikanta Das stressed that amid an adverse global macroeconomic environment, India presents a picture of growth and stability, adding to his statement the governor assured inflation is likely to ease further.
Speaking at a CII session on 'High growth, low risk: The India story' in Davos during the World Economic Forum (WEF) Annual Meeting, Das said recent information on the global economic front has been reassuring with inflation falling, even though growth remains low.
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