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India Recorded 8.3% Average Growth In Last 3 Years: RBI Chief

India Recorded 8.3% Average Growth In Last 3 Years: RBI Chief

NDTV
Tuesday, June 25, 2024 05:19:49 PM UTC

RBI Governor Shaktikanta Das said the major drivers of growth are implementation of GST, Insolvency and Bankruptcy Code, and Flexible Inflation Targeting.

India is at the threshold of a major structural shift in its growth trajectory, highlighted Shaktikanta Das, Reserve Bank of India Governor, on Tuesday during his address at the 188th AGM (Annual General Meeting) of Bombay Chamber of Commerce & Industry.

The governor added that India is moving ahead towards 8 per cent GDP growth in a sustained manner, adding that the average growth India recorded in the last three years is 8.3 per cent.

"If you look at the average growth India recorded over the three years, the average comes to 8.3 per cent and the current year we have given a projection of 7.2 per cent growth," said the Governor.

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