Indian economy is projected to grow 6.2% in 2024, slightly lower than the 6.3% estimate for 2023, amid robust domestic demand and strong growth in the manufacturing and services sectors, according to a UN report. It also forecast that the global growth is set to slow to 2.4% in 2024 from an estimated 2.7% in 2023. Several multilateral agencies, brokerages, economists have raised India’s economic growth projections for the current fiscal, citing robust domestic demand. The IMF has raised India’s GDP growth estimate for the current fiscal year to 6.3% from the previous 6.1%. Representative image: ANI NEW DELHI: Indian economy is projected to grow 6.2% in 2024, slightly lower than the 6.3% estimate for 2023, amid robust domestic demand and strong growth in the manufacturing and services sectors, according to a UN report. It also forecast that the global growth is set to slow to 2.4% in 2024 from an estimated 2.7% in 2023. “GDP in South Asia grew by an estimated 5.3% in 2023 and is projected to increase by 5.2% in 2024, driven by a robust expansion in India, which remains the fastest-growing large economy in the world,” according to the United Nations World Economic situation and prospects report for 2024. Several multilateral agencies, brokerages, economists have raised India’s economic growth projections for the current fiscal, citing robust domestic demand. The IMF has raised India’s GDP growth estimate for the current fiscal year to 6.3% from the previous 6.1%. Global GDP growth is projected to slow from an estimated 2.7% in 2023 to 2.4% in 2024 against the backdrop of lingering risks and uncertainties. FOLLOW US ON SOCIAL MEDIA Visual Stories Previous 10 Most Affordable Cities in India to Buy a House business Most Visited Monuments in India business The Pros and Cons of Investing in Value Stocks business Investing in Small-Cap Stocks: Top 10 Tips for Absolute Beginners business 10 Ways to Earn Money Online by Selling Physical Products business Richest Cricket Players Across the World business 10 Things You Didn’t Know About Warren Buffett’s Investment Process business Priyanka Chopra Net Worth: Know How Rich is Global Actress business Top 10 Benefits of Investing in Small-Cap Stocks business 15 Best Tax Saving Schemes in India business Next 1 2 3 Elections Chhattisgarh CM News MP CM News Rajasthan Election Results MP Election Result 2023 Chhattisgarh Election Result Mizoram Election Result TOP TRENDS Jeffrey Epstein Gautam Adani West Bengal ED Raids T20 World Cup Schedule Divya Pahuja Murder India Covid Cases