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India GDP Increase | Good days coming! World Bank increased India’s GDP estimate from 6.5% to 6.9%

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new Delhi. The World Bank said in a report released on Tuesday that India’s economy is expected to grow at a rate of 6.9% in the current financial year (2022-2023). However, earlier he had also predicted India’s economy to grow at a rate of 6.5%.

On the other hand, this estimate of GDP has actually been made keeping in mind the high commodity price and monetary policy. It has also been told in this report that the average retail inflation this year can remain only 7.1%.

Along with this, in its latest report related to India released today, the World Bank has said that the impact of the developments in America, Euro area and China is being seen on India as well. However, the World Bank has expressed confidence that the government will soon achieve the fiscal deficit target of 6.4 per cent in the current financial year.

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