What are the key findings of RBI's annual report for 2023-24
Discuss the real GDP growth projection for FY25 as per the RBI annual report.
Key findings of RBI's annual report for 2023-24 include:
- Projected real GDP growth for FY25 is 7.8%, indicating a positive outlook for the Indian economy.
- Inflation is expected to be moderate, with efforts to keep it within the RBI's target range of 2-6%.
- The report highlights the importance of structural reforms to sustain economic growth and maintain stability.
- There is a focus on enhancing financial inclusion and digital infrastructure to support inclusive growth.
- RBI emphasizes the need for fiscal discipline and monetary policy coordination to ensure macroeconomic stability.
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11 months ago