- Recently the International Monetary Fund (IMF) has estimated India’s growth rate.
- IMF has estimated India’s growth rate at 6.3% for the current financial year 2023 – 24.
- Earlier in July, 2023, IMF had estimated India’s growth rate at 6.1% for the same financial year.
- Apart from this, IMF has set the growth rate of the global economy for the year 2023 at 3%.
- The International Monetary Fund was established in the year 1945.
- Its headquarters is located in Washington DC.