Is A Recession Coming In 2024 In India. India has become one of the fastest growing economies in the world, with real gdp set to grow by 6.5% in 2024, according to j.p. The reserve bank of india (rbi) has projected a 6.5 per cent gdp growth in the current financial year ending march 2024.

While gdp is on track to register a strong 6.7% expansion in 2023 (6.6% in fy 2023/24), we forecast growth will slow to 5.7% in 2024 (6.2% in fy 2024/25). According to the analysis, india’s chances of entering a recession are virtually negligible, but wealthy nations and continents like the united states, the united kingdom, new.