What is the growth forecast of India for the current fiscal, as per the Asian Development Bank ?.
6. 4 %.
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The Asian Development Bank (ADB) kept its FY24 economic growth prediction for India at 6.4%. On a recovery in consumption demand in both urban and rural areas, the forecast is based. In 2022–2023, the Indian economy expanded by 7.2%. The Asian Development Bank (ADB) revised its Asian Development Outlook (ADO) and lowered its inflation forecast for the current fiscal year (FY24) to 4.9%.
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