Home > Practice > Current Affairs > May - 2024 > May 20, 2024
1. What is the projected GDP growth rate for the March quarter according to Ind-RA?
Ind-RA forecasts a GDP growth rate of 6.7% for the March quarter, reflecting a moderation from the exceptionally high growth rate of 8.4% observed in the December quarter. This projection aligns with the absence of factors like the significant boost from tax collections seen in the third quarter, leading to a more cautious estimate for the final quarter of the fiscal year.