Niti Ayog’s Former Vice Chairman Predicts Growth of Indian Economy at 6% coming financial year

Ten News Network

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New Delhi (India), 19th January 2023: Rajiv Kumar the Ex-Vice Chairman of Niti Ayog on 19th February stated that India is in a comfortable position at could expect a 6% growth rate in the fiscal year 2023-24.

He lauded the Modi government for their constructive measures and policies which have landed India in such a strong state.

Rajiv Kumar said that in the last eight years under the commendable leadership of Prime Minister Narendra Modi, the economy has taken a turn for the better and said that the Reserve Bank has predicted the growth rate to be 6.4% for 2023-24.

He said that even the Gross Domestic Product (GDP) growth rate was estimated at 7% in 2022-23 this estimate was put forth by National Statistical Office( NSO).

However, he was also interrogated about the high inflation rates that are troubling the urban and the rural people alike. To which he answered that the RBI has been already intimated to keep these inflation rates under control and the problem will be tackled accordingly.

Rajiv Kumar also mentioned the fragile and unpredictable state of the global economy which could lead to a dip in the American and European economies and said that India might be affected but could also persevere through the tough times because of the measures put into place by the Modi government through the span of eight years.

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