RBI retains FY24 GDP growth forecast at 6.5 pc

New Delhi : The Reserve Bank on Thursday retained the GDP growth projection for current fiscal year at 6.5 per cent, on the back of supportive domestic demand conditions.

In April, the central bank had marginally revised upwards the 2023-24 GDP growth projection to 6.5 per cent, from its earlier forecast of 6.4 per cent. Domestic demand condition remains supportive of growth and also the demand in rural areas is on the revival path, RBI Governor Shaktikanta Das said while announcing the 2nd bi-monthly policy for 2023-24.

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