FICCI Projects India’s GDP growth rate for FY23 at 7.4%

India’s GDP is estimated to grow at 7.4% in the financial year 2022-23 with rising prices triggered by the Russia-Ukraine conflict posing as the biggest challenge to the global economic recovery, Ficci’s Economic Outlook Survey released on Sunday said.

The Ficci’s Economic Outlook Survey was released on April 03, 2022. The report has stated that rising prices due to the Russia-Ukraine conflict is the biggest challenge to the global economic recovery.