RBI Governor Shaktikanta Das stated that, sustainable growth in the manufacturing sector will boost private investments in the country leading to better growth opportunities. Later in this article, let us know the RBI growth forecast FY25 for India.
Table of Contents
RBI Growth Forecast FY25 percentage
In the monetary policy of February 2024, RBI projected the growth percentage at 7% for the upcoming financial year starting from April 1 2024.
On Friday, The Reserve Bank of India held onto the GDP growth forecast of India at 7% for the financial year 2024-25. It is a bit lower as compared to the previous year expansion estimated at 7.9% for FY24.
Announcing the current fiscal year’s policy, RBI governor said the rural demand is gathering some cadence and the growth in the manufacturing sector should encourage private investors to invest.
The governor also said that the real GDP growth is expected at 7% for the year 2024-25, with June quarter expecting to grow at 7%, September quarter to grow at 6.9% and 7% growth each in the last two quarters of the financial year.
Also read : Best tools for entrepreneurs to improve efficiency
Leave a Reply