CRISIL cuts India’s GDP growth for FY20 to 5.1%
- Rating Agency CRISIL has reduced the GDP growth rate projection for India for 2019-20 (FY20) to 5.1% from its earlier prediction of 6.3%.
- This comes after the official data (Government of India) shows the second-quarter growth at 4.5%.
Points to remember:
- GDP projection for India in FY20 as per CRISIL?
- GDP rate for second quarter of FY20 as per government’s official data?