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RBI forecasts 7.2% GDP growth on back of rising urban, rural demand

Agencies by Agencies
August 9, 2024
in Kashmir
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RBI forecasts 7.2% GDP growth on back of rising urban, rural demand
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India’s domestic economic activity continues to sustain its momentum on the strength of investment demand, steady urban consumption and rising rural consumption, RBI Governor Shaktikanta Das said on Thursday.Taking all the factors into consideration the country’s real GDP growth for 2024-25 is projected at 7.2 per cent with Q1 at 7.1 per cent; Q2 at 7.2 per cent; Q3 at 7.3 per cent; and Q4 at 7.2 per cent.Real GDP growth for Q1:2025-26 is projected at 7.2 per cent, the RBI chief said.

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