MUMBAI: Reserve Bank Governor Shaktikanta Das on Friday exuded confidence that growth in the second half of the fiscal year would be much better than the April-September period even as the central bank significantly trimmed growth projection for FY25 to 6.6 per cent.
The downward revision in growth forecast follows the second quarter GDP print of 5.4 per cent, the lowest in last seven quarters. It was also below 6.7 per cent growth recorded in the first quarter (April-June).
India recorded a growth of 6 per cent in the first half (April-September period) of the current fiscal.
