World Bank Downgraded India’s Growth Forecast To 6.5 Percent
NEW DELHI, Oct 7 (NNN-PTI) – The World Bank, yesterday, downgraded India’s economic growth forecast to 6.5 percent, for the current fiscal year (2022-23), from its earlier estimate of 7.5 percent, announced in Jun.
The international financial institution cited the deteriorating international environment for the downgrade.