RBI Monetary Policy: GDP growth forecast for FY24 raised to 6.5%, here is what experts say

After Reserve Bank of India's (RBI) two-day monetary policy (MPC) meeting, Governor Shaktikanta Das announced the policy decisions on April 6. RBI has increased the real GDP forecast for FY24 marginally to 6.5 percent from 6.4 percent earlier on the back of higher Rabi crop output, moderating commodity prices, monsoon trajectory and the government's plan of higher capital expenditure.