India’s GDP growth forecast upgraded to 6.9% for FY23 by World Bank

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13 December 2022

India’s GDP growth forecast upgraded to 6.9% for FY23 by World Bank

The World Bank on Tuesday revised upwards its GDP growth forecast for India to 6.9 per cent for 2022-23, saying the economy was showing higher resilience to global shocks. In October, it had cut India's GDP growth forecast to 6.5 per cent from 7.5 per cent earlier. Now, it has upgraded the projection to 6.9 per cent for 2022-23 (April 2022 -March 2023).

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13 December 2022

India’s GDP growth forecast upgraded to 6.9% for FY23 by World Bank

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