Optimistic that India will hit 8% growth in FY23, says Former VC of NITI Aayog

Last month the International Monetary Fund (IMF) cut global growth for this year to 3.2 percent and next year's growth to 2.7 percent, which is the slowest in 20 years if you exclude the COVID and Lehman crisis years. IMF has also cut India’s Gross domestic product (GDP) forecast to 6.8 percent for FY23 and to 6.1 percent for FY24. But India still stands as a refreshing growth story compared with most other large economies.