The World Bank has projected a decrease in India’s GDP growth rate, from 7.2% in the fiscal year 2023 (FY23) to 6.3% in the fiscal year 2024 (FY24). This forecast suggests a moderation in economic expansion, possibly influenced by various factors such as global economic conditions, domestic policy changes, and the ongoing challenges. It underscores the importance of sustained efforts to support economic growth and stability in the country.
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