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India’s economic survey forecasts GDP growth to slow down to 6.5 pct

NEW DELHI, Jan. 31 (Xinhua) — India’s finance minister Nirmala Sitharaman Tuesday tabled the Economic Survey 2023, which projected a 6.5-percent gross domestic product (GDP) growth in fiscal 2024 compared to 7 percent in the current fiscal year.

“The survey projects a baseline GDP growth of 6.5 percent in real terms in financial year 2024,” the report by the ministry of finance said.

It added that the pr