2021
Question
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Nomura-12.6%
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Citi Research-12%
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JP Morgan-11%
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UBS-10%
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Detailed explanation-1: -The first advance estimate for 2022-23 released by the National Statistical Office (NSO) on Friday estimated GDP growth at 7%, slower than the 8.7% expansion posted in 2021-22. The estimate is a shade higher than the Reserve Bank of India (RBI), which pegged it at 6.8%.
Detailed explanation-2: -The Economic Survey 2022-23 estimated India’s GDP growth at 6.5 per cent, which is lower than the projected 7 per cent growth for the ongoing financial year.
Detailed explanation-3: -The growth in real GDP during 2022-23 is estimated at 7.0% as compared to 8.7% in 2021-22, ” the ministry said.
Detailed explanation-4: -The growth in real GDP during 2022-23 is estimated at 7 per cent as compared to 8.7 per cent in 2021-22, it stated.