ADB projects India’s economy to grow by 7.5% in FY23

ADB projects India’s economy to grow by 7.5% in FY23 – Asian Development Bank (ADB) has estimated the Indian economy will grow by 7.5 per cent in the current fiscal year and will be 8% in FY24.

• Pakistan’s growth will be four per cent in 2022 on weaker domestic demand.

South Asia –

• South Asia includes Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, and Sri Lanka.

About Asian Development Bank –

• Headquarters: Mandaluyong, Philippines
• President: Masatsugu Asakawa
• Membership: 68 countries
• Founded: 19 December 1966

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