Correct Answer : Asian Development Bank
The Asian Development Bank has kept the economic growth outlook for India unchanged at 7% percent for the fiscal 2022-23 and 7.2% for FY 2023-24.
Reason : Sustained by positive effects from structural reform and from public investment catalysing private investment.
Inflation in India is still expected to rise to 6.7 % in 2022-23 before falling back to 5.8%.
As per the bank, Asia will expand at
4.2% this year and accelerate to
4.6% in 2023..
Source : CNBC TV18