World Bank downgrades India’s GDP growth to 6.5% this year

Citing the deteriorating global scenario, the World Bank on Thursday downgraded India's GDP forecast for the current fiscal to 6.5 per cent.

GDP

Citing the deteriorating global scenario, the World Bank on Thursday downgraded India's GDP forecast for the current fiscal to 6.5 per cent.

In June 2022, it had projected that Indian economy will grow at a rate of 7.5 per cent.