World Bank: Indian Economy To Rise By 6.3% In FY24

The Indian economy is expected to grow at 6.3 percent in the current financial year, boosted by investment and domestic demand.

According to a World Bank report released on Tuesday, India continues to demonstrate resilience in the face of a challenging global climate.

World Bank’s India Development Update stated growth in India, which accounts for the majority of the South Asia region, is predicted to continue robust at 6.3 percent in 2023-24.

As per the report, Inflation is anticipated to progressively decline as food prices normalize and government policies help enhance the supply of key commodities.

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