India will not miss estimated 11.1% FY23 nominal GDP growth: Bibek Debroy

The country, according to the chairman of the Economic Advisory Council to the Prime Minister, will achieve the estimates made in the Budget, despite the tense geopolitical situation

Bibek Debroy, chairman of the Economic Advisory Council to the Prime Minister (EAC PM), said the country will achieve the 11.1 per cent nominal economic growth rate assumed in the Budget despite the tense geopolitical situation.

"I don't think we will miss the nominal GDP growth rate envisaged in the budget. Yes, right now the geopolitical situation is somewhat maligned. In this situation, India is relatively one of better performing countries," Debroy told reporters on the sidelines of the release of a report, titled Competitiveness Roadmap For India@100.

He reminded reporters that he had said at the time of the