-
SBI Economic Outlook Report Projecting Resilient Growth – Q2 FY24 GDP Forecast at 7.0%, Emphasizing Robust Agricultural Performance
SBI Economic Outlook Report Projecting Resilient Growth – Q2 FY24 GDP Forecast at 7.0%, Emphasizing Robust Agricultural Performance The State Bank of India (SBI) has released its highly anticipated Economic Outlook Report for the second quarter of the fiscal year 2023-24, offering a comprehensive analysis of the nation’s economic landscape. The report paints an optimistic picture, projecting a notable GDP growth rate of 7.0%. One standout contributor to this positive outlook is the remarkable resilience demonstrated by the agricultural sector, which has emerged as a key driving force in sustaining economic momentum. Key Findings: GDP Growth Projections: The SBI’s forecast of a 7.0% GDP growth for Q2 FY24 reflects the…