IMF predicts a slowdown in Indian economy in coming fiscal year

The IMF said on Tuesday that a slowdown is expected in the Indian Economy in the coming fiscal year and the growth Project is 6.1%. 

“Our growth projections actually for India are unchanged from our October Outlook. We have 6.8 percent growth for this current fiscal year, which runs until March, and then we're expecting some slowdown to 6.1 percent in fiscal year 2023. And that is largely driven by external factors,” Pierre-Olivier Gourinchas, Chief Economist and Director, Research Department of the IMF told reporters here.