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Govt's GDP deflator forecast for FY23 is 3-3.5%: FM Sitharaman
Finance Minister Nirmala Sitharaman has said the Centre’s gross domestic product (GDP) deflator projection for 2022-23 is 3 to 3.5 per cent. This means that the government’s own real GDP growth projection for the coming fiscal year is in the range of 7.6-8.1 per cent, given that the Union Budget assumes a nominal GDP growth rate of 11.1 per cent for FY23.
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First Published: Feb 11 2022 | 8:50 AM IST