ECONOMIC SCENARIO

 




GDP: The current GDP of India stands at $2.65 Trillion with the growth rate of 7.2% as per the latest data

Inflation: Consumer Price Index CPI Inflation of India stands 5.9% 

Interest Rates: Repo Rate @ 6.25%, Reverse repo rate @ 3.35%

Exchange Rates: USD vs INR - 82.75, EUR vs INR: 88.76, GBP vs INR - 100.11, JPY vs INR - 0.63

Current Account Deficit: India's Current Account Deficit stands at 4.4% of GDP as per December 2022 

Fiscal Deficit: Govt expenditure over the revenue is 6.4% 

Index of Industrial Production IIP: -4%, Average IIP in India has been around 6.11% from 1994 to 2022

Purchase Managers Index: The Indicator of the manufacturing  sector strength of India stands at 55.7 Points

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