ADB Projects India’s economy to grow by 7.5% in FY23; 8% in FY24
- The Manila-based multi-lateral funding agency, Asian Development Bank (ADB) has projected the GDP growth rate of Indian economy, in its flagship Asian Development Outlook (ADO) 2022, as follows:
- 2022-23 (FY23) – 7.5 percent
- 2023-24 (FY24) – 8.0 percent
Points to Remember:
- GDP of India in Fy23 and FY24 as per ADB?
- Headquarter of ADB – Manila, Philippines
- President of ADB – Masatsugu Asakawa
Source: Business Standard