Economic grouping OECD in a report retained the GDP growth projections for India at 6.9 per cent for the current financial year despite the global economy losing momentum in wake of the Russia-Ukraine war. The projection by the Organization for Economic Cooperation and Development (OECD) is lower than the Reserve Bank’s growth forecast of 7.2 for 2022-23. The growth last year (2021-22) was 8.7 percent.
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