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Fitch raises India’s potential GDP growth to 6.2%
short by Jay Pandya / on Monday, 6 November, 2023
India's potential GDP growth has been revised upward by Fitch Ratings while reaffirming that the economy remains below its pre-pandemic growth path. "In India's case, potential growth has increased by 0.7 percentage points to 6.2% given an improvement in the employment rate and a modest increase in the working-age population forecast," Fitch Ratings said in a release on Monday.
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