'India's April-June 2024 GDP growth seen at 6.6%': RBI Governor Das
RBI) Governor Shaktikanta Das on Thursday said that India is contributing approximately 15% to global growth, leading to the country's strong macroeconomic fundamentals and growth. During the MPC meeting today, Das said that the GDP growth forecast for April-June 2024 is pegged at 6.6%. “GDP growth projection for FY23-24 retained at 6.5%.
GDP forecast for FY24 is at 6.5%. GDP forecast for Q1FY24 at 8%. GDP forecast for Q2FY24 at 6.5%.
GDP forecast for Q3FY24 at 6%. GDP forecast for Q4FY24 at 5.7%," Das announced. Das announce the third bi-monthly monetary policy for FY24 today.
The three-day meeting of the six-member Monetary Policy Committee (MPC) of RBI was held from August 8 to 10. The RBI decided to keep the policy rate unchanged for the third time in a row as it maintains heightened vigil on inflation. Announcing the bi-monthly monetary policy, RBI Governor Shaktikanta Das said the Monetary Policy Committee (MPC) unanimously decided to keep the rate unchanged at 6.5 per cent.
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