Recession: Rajiv Kumar said - there is no possibility of a recession in the country, and the economy will grow at the rate of six-seven percent in 2023-24

Posted on 21st Nov 2022 04:49 pm by rohit kumar

Amid growing apprehensions of the world going into recession, former Vice Chairman of NITI Aayog Rajiv Kumar has given a big statement. He said that it will not have any effect in India. The Indian economy may be affected by uncertain global conditions, but in 2023-24 the Indian economy will grow at a rate of six to seven percent. He also said that the economies of America, Europe, Japan, and China are coming down. In such a situation, this situation can lead the global economy toward recession in the coming months.

 

 

He said that the good thing is that there is no such fear of recession in India. Even though our growth may be negatively impacted by global conditions. Despite this, we will be able to register a rate hike of 6-7% in 2023-24. Earlier, the World Bank had reduced the growth forecast for the Indian economy to 6.5 percent for 2022-23. At the same time, the International Monetary Fund (IMF) has estimated the growth rate of the Indian economy to be 6.8% in 2022.

 

Also Read: India Forex Reserves: Good news for India, foreign exchange reserves jump by $14.72 billion

Other news

LokSabha Polls 2024: Preparations for counting of Muzaffarpur-Vaishali Lok Sabha votes in the final stage, facility of live webcasting will also be there.

All preparations have been completed at the counting center located at the Market Commi

Kangana Ranaut bursts out on Diljit Dosanjh, scolds him for working with a Pakistani actress!

Bollywood's veteran actress and Bharatiya Janata Party MP Kangana Ranaut is known for speaking he

China: Retrenchment in China after Corona, employees of COVID test kit manufacturer Zybio protest

After the outcry from Corona in China, amidst the news of the slow pace of the economy, news of t

Lok Sabha Election 2024: 'There is a master of inversion' when Congress taunted Nitish Kumar through gestures

Lok Sabha Election 2024. Bharat Jodo Nyay Yatra led by Rahul Gandhi has reached Madhya Pradesh. C

FIFA World Cup: Not only Messi, but Google also broke a 25-year-old record on Sunday night, Sundar Pichai gave information

FIFA World Cup: Craze was seen all over the world regarding the FIFA World Cup. Google also gave

School Bomb Threat: Many schools in Delhi again received bomb threats, police and fire department reached the spot

Some schools in Delhi have received bomb threats this morning. Schools in South Delhi and North W

After commenting on Premananda Maharaj, the successor of Jagadguru Rambhadracharya gave clarification, saying a big thing

After an interview with Tulsi Peethadheeswar Jagadguru Swami Rambhadracharya, his successor Achar

Sunny Deol on Gadar 2: Sunny Deol proud of the success of 'Gadar 2', gave credit to daughter-in-law Drisha Acharya for this

Sunny Deol's film 'Gadar 2' has created panic at the box office. He has thanked people from the b

IPL 2024: Fans booed Hardik in Wankhede, Rohit stopped him and was seen pacifying the audience.

The 17th season of IPL has been full of bad memories for Hardik Pandya so far. On one hand, the t

Mahakumbh Stampede: PM Modi expressed grief over the accident, spoke to CM Yogi four times; said- in touch with the state government

There is a possibility of 10 crore more people taking a bath in the Ganga on Mauni Amavasya today