World Bank predicts 6.3% growth for India’s GDP in FY24.

The World Bank stated in its most recent report on Tuesday that despite some moderating in the second half of the previous fiscal, India’s GDP growth is anticipated to be robust.

The growth rate is predicted to fall to 6.3% in FY24 as a result of decreased consumption brought on by reduced income.

India’s retail inflation will moderate from 6.6% to 5.2% in FY2023–2024.