Indian economy to grow 6.5% in FY24; CAD may widen further: Economic Survey

Indian economy to grow at 6.5 per cent in 2023-24, according to the Economic Survey tabled in the Parliament by finance minister Nirmala Sitharam. It said that in current year, the economy is projected to grow by 7 per cent. It will remain the fastes growing major economy in the world. 

It added that India is third-largest economy in the world in PPP (purchasing power parity) terms and fifth largest in terms of exchange rate.  

"Economy has nearly recouped what was lost, renewed what had paused; re-energised what had slowed during the pandemic

Also, in FY22, India grew at 8.7