Categories: Economy

EAC-PM projected India’s GDP growth at 7.0-7.5% in FY23

The meeting of the Economic Advisory Council to the Prime Minister (EAC-PM) members was held in New Delhi to examine the Indian economic growth in 2022-23 (FY23) and further. There, EAC-PM members projected India’s real Gross Domestic Product (GDP) to 7-7.5% and a nominal rate of growth of more than 11% in FY23. They also projected growth of 5% in the current fiscal year (FY22) from a record contraction of 7.3% (-7.3%) in FY21.

Buy Prime Test Series for all Banking, SSC, Insurance & other exams

About EAC-PM:

  • Chairman: Bibek Debroy
  • Part-Time Members: Rakesh Mohan, Poonam Gupta, T.T. Ram Mohan, Sajid Chenoy, Neelkanth Mishra, and Nilesh Shah

Find More News on Economy Here

Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.

Recent Posts

New SIM Card Rules 2026: 9-SIM Limit, DoT Restrictions and Key Changes

The Department of Telecommunications (DoT) has introduced measures to tighten the enforcement on the maximum…

23 minutes ago

Which Is the Oldest River on Earth?

As rivers frequently change their channels, destroy lands around themselves and can even disappear from…

48 minutes ago

India’s GM Pranesh M Wins Kanizsa Open 2026 Title in Hungary

Grandmaster Pranesh M, the young chess talent from India, has claimed victory in the Kanizsa…

1 hour ago

Andhra Pradesh Approves ₹31,387-Crore Green AI Data Centre

Andhra Pradesh State government gives its approval for establishing green artificial intelligence data centre in…

2 hours ago

Makkah Joint Defence Agreement: How This Pact Could Reshape West Asian Security and Impact India

Saudi Arabia, Türkiye and Pakistan signed the Makkah Joint Defence Agreement (MJDA) at Al-Safa Palace…

2 hours ago

Mitchell Starc Becomes Leading Wicket-Taker in WTC History

Mitchell Starc, left arm fast bowler of Australia, has managed to enter the record books…

3 hours ago