OECD projects India’s GDP for FY23 at 8.1% and for FY24 at 5.5%

OECD projects India’s GDP for FY23 at 8.1% and for FY24 at 5.5%

• The Organization for Economic Cooperation and Development (OECD) has projected the India’s real gross domestic product (GDP) as below:
  • For 2022-23 (FY23)= 8.1%
  • For 2023-24 (FY24)= 5.5%
• The GDP was released in Economic Outlook for Southeast Asia, China and India of OECD

Points to remember:

1. What is India’s GDP projection for FY23 and FY24 as per OECD?
2. Where is the headquarters of OECD located?- Paris, France

Source: economic times