News > GDP for current fiscal will not reach 6.5%, says Chidambaram

GDP for current fiscal will not reach 6.5%, says Chidambaram

The Hindu | 10/10/2022 03:05 PM | Click to read full article

The Union Government half-heartedly accepted the World Bank’s growth forecast for India for the current fiscal, in which the financial institution downgraded the growth rate of GDP from 7.5% to 6.5%, said former Union Finance Minister P. Chidambaram.

“Going to the Mylapore market and enquiring about the prices of vegetables will not reduce the inflation rate," Chidambaram said. 

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