December 23, 2024

GDP growth could be closer to 8 pc in FY24: RBI Guv Das

BUSINESS 6

RBI Governor Shaktikanta Das on Wednesday said the economic growth in the current financial year could be close to 8 per cent in view of the third quarter GDP data released by the government.

The National Statistical Office (NSO) has projected 8.4 per cent growth in the October-December quarter of the current financial year. It has also revised GDP estimates for the first and second quarters to 8.2 and 8.1 per cent from 7.8 per cent and 7.6 per cent, respectively.

In an interview with ET Now, Governor Das said that overall the economy is doing very well, citing improvement in fiscal consolidation, current account deficit and price situation.