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RBI Governor Shaktikanta Das on Friday revised downward the FY25 GDP growth projection to 6.6 per cent, from its earlier forecast of 7.2 per cent.
RBI MPC Meeting December 2024: The interest rate decisions by the RBI significantly impact economic activities.
RBI Governor Shaktikanta Das on Friday revised downward the FY25 GDP growth projection to 6.6 per cent, from its earlier forecast of 7.2 per cent.
While presenting the latest bi-monthly monetary policy, RBI Governor Shaktikanta Das said, “Growth outlook is resilient but warrants close monitoring.”
The move comes after a lower-than-expected GDP growth print of 5.4 per cent in Q2. In the latest September 2024 quarter (Q2), India’s GDP growth slowed to a seven-quarter low of 5.4 per cent.
The RBI’s Latest GDP Projections Vs Earlier Forecast
FY25 – 7.2% (Earlier) 6.6% (Now)
Q2 – 7.0% (earlier) 7.0%% (Now)
Q3 – 7.4% (Earlier) 6.8% (Now)
Q4 – 7.4% (Earlier) 7.2% (Now)\\
Q1FY26 – 7.3% (Earlier) 6.9% (Now)
Q2FY26 – 7.3% (Now).
(The story will be updated)
