RBI) Monetary Policy Committee (MPC). RBI Governor Shaktikanta Das-led rate-setting panel had projected India's real GDP growth for 2023-24 at 6.5 per cent with Q1 growth rate at 8 per cent.
For fiscal 2022-23, India's economy's growth rate came in at 7.2 per cent, higher than the central bank's estimate of 7 per cent. However, the pace of growth was slower as compared to 9.1 per cent recorded in FY22.
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