RBI keeps real GDP forecast unchanged at 7.2% for FY23

Projected growth number can be attributed to hardening of commodity prices, supply-chain disruptions led by the Russia-Ukraine war and resurfacing Covid-19 fears in the country. The pressures have hampered the recovery process to pre-pandemic levels. Adding on to these worries are the concerns of constantly rising food and fuel prices affecting the private consumption segment which is one of the key drivers of the Indian economy.

via Economictimes

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