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What is the projected year-on-year (y-o-y) growth of the GDP in Q1 FY24 ?
7.5.%
8.0%
8.5%
9%
ICRA has projected the year-on-year (y-o-y) growth of the GDP to improve to 8.5 per cent in Q1 FY24 from 6.1 per cent in Q4 FY23, boosted by the supportive base of Q1 FY2023, which saw the Indian economy normalising after the Covid-19 pandemic.
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