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India's GDP growth may breach 7%-mark in FY23: RBI Governor Das.
GDP(gross domestic product) are all the goods and services bought and sold during a financial year inside the border of a country. India's gross domestic product growth could be above 7% for 2022-23, the Reserve Bank of India Governor, Shaktikanta Das said at a CII event on Wednesday. There is also a possibility that GDP growth for the last financial year could be higher. Capacity utilization in the manufacturing sector as per the RBIs latest survey, is around 75%. But a CII survey shows it to be even higher.
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