What is the projected GDP growth rate for the Indian economy in the fiscal year 2022-23, as per Ind-Ra's latest GDP forecast?

1) According to the latest GDP forecast by India Ratings and Research (Ind-Ra), the Indian economy's real gross domestic product (GDP) growth rate is predicted to increase by 7.6% year-on-year in FY23 (2022-23).


2) Ind-Ra, a wholly-owned subsidiary of the Fitch Group, stated that the economic rebound was promising and that the state-imposed restrictions to curb the present Covid-19 surge were less severe than those during the second wave. However, the rating agency cautioned that there are still hazards to the ongoing recovery.