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Govt sees GDP growth slowing in next fiscal

Economic Survey predicts 6pc-6.8pc growth, down from 7pc forecast for FY 23

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Chief Economic Adviser V Anantha Nageswaran speaks after presenting the Economic Survey 2022-23, in New Delhi on Tuesday. Pic/PTI

Chief Economic Adviser V Anantha Nageswaran speaks after presenting the Economic Survey 2022-23, in New Delhi on Tuesday. Pic/PTI

India forecast economic growth of 6 per cent to 6.8 per cent in the 2023-24 fiscal year, slowing from the 7 per cent growth projected for the current year ending on March 31, as a global slowdown is likely to hurt exports.

The finance ministry released its annual Economic Survey and Finance Minister Nirmala Sitharaman presented it to parliament on Tuesday, a day before she is set to unveil the government’s budget for the coming fiscal year.

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