NEW DELHI, June 7 (Xinhua) -- The World Bank Tuesday cut India's economic growth forecast for the current fiscal to 7.5 percent as rising inflation, supply chain disruptions and geopolitical tensions taper recovery.
"In India, growth is forecast to edge down to 7.5 percent in the fiscal year 2022/23, with headwinds from rising inflation, supply chain disruptions, and geopolitical tensions offsetting buoyancy in the recovery of services consumption from the pandemic," the World Bank said in its latest issue of the Global Economic Prospects.
