India’s Expected Economic Growth To Remain At 7.5% In 2022-23: World Bank
The wounds of the epidemic have not yet healed. Russia-Ukraine war has become a 'poison on the knees'. In this scenario, the rate of inflation in the retail market in India stands at an eight-year high. On record wholesale inflation. That is why the World Bank is not dreaming of a 'good day' in terms of financial growth. On 'Global Economic Prospects,' the World Bank on Tuesday released a report. The report says, "India's economic growth rate for the current fiscal year 2022-23 could be 7.5 percent. Incidentally, in the last financial year (2021-22), the World Bank said that in the fiscal year 2022-23, India's economic growth rate could be 8.7 percent. Last April, a revised report by the World Bank predicted an 8 percent growth in India. In Tuesday's report, it was further reduced by 0....
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