04 SEP,2023 | MEDC
Renowned economic forecasting agencies such as Moody’s, Morgan Stanley and Nomura have raised their annual growth projections for India, just a day after the GDP growth figures for the June quarter came in at a robust 7.8%. Morgan Stanley’s research report said that the GDP growth for the quarter ended June came higher than expectations. It expects India’s long-term growth to be driven by robust domestic demand, despite the frailties of the global economy. The government’s push for infrastructure development through steadily rising capex is probably acting as a driving force for the economy and giving confidence in our abilities to the global investor community. Sustained policy efforts are yielding results, and reaching the third position is now clearly within reach.
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Interactive Meeting with Mr. Jaykumar Rawal Hon'ble Minister for Tourism & Employment Guarantee Scheme Govt. of Maharashtra