Ermina Diannne

Recession 2024 India Predictions In India. The united nations has revised upwards india’s growth projections for 2024, with the country’s economy now forecast to expand by close to 7% this year, mainly driven by strong public investment. High possibility of a global recession starting by the second half of 2024.

Announcements in the union budget 2023 will be crucial as it will decide how india’s economy will perform in fy24 in the middle of a turbulent global economic. India’s gdp grew 8.15% yoy over fiscal 2023 to 2024, with a sharp growth of 7.8% in the fourth quarter of 2023, beating the government’s second advanced estimate of 7.6% and reserve.