Speaking during an event in the financial hub of Mumbai, Sitharaman said, "Hopefully the fourth quarter, will also have (growth) of 8% or above 8% resulting in 2023/24 having an average growth in GDP of 8% or over 8%." Sitharaman highlighted the expected year-on-year expansion rate of 8% for the 2023/24 financial year, attributing it to improved inflation management and macroeconomic stability.
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