Reuters
India forecast economic growth of 6% to 6.8% in the 2023/24 fiscal year, slowing from the 7% growth projected for the current year ending on March 31, as a global slowdown is likely to hurt exports. The finance ministry's released its annual Economic Survey and Finance Minister Nirmala Sitharaman presented it to parliament on Tuesday, a day before she is set to unveil the government's budget for the coming fiscal year. The economic growth forecast for 2023/24 is higher than the International Monetary Fund's projection of 6.1%, as the finance ministry expects the global weakness will be partially offset by strong domestic demand.