India's economic growth is forecast to be 6.5 per cent in fiscal 2024 compared to 7 per cent in the current fiscal, according to the Economic Survey released by the government a day ahead of the Union Budget presentation. The Economic Survey forecasts a baseline gross domestic product, or GDP, growth of 6.5 per cent in real terms in fiscal 2024. Despite the lower growth forecast for next fiscal compared to the current one, the pace would still make India's growth the fastest among big economies.
