Crisil projects India’s GDP for FY21 at -9%; For FY22 at 10%
- CRISIL has projected India’s GDP rate for 2020-21 (FY21) at -9% as against.
- For FY22, Crisil has projected India’s GDP to grow at 10%.
- For the next three years, between fiscals 2023 and 2025, CRISIL projects the Indian GDP to average a growth of 6.2% annually.
Points to remember:
- India’s GDP rate projection for FY21 as per CRISIL?= -9%
- India’s GDP rate projection for FY22 as per CRISIL?= 10%
Source: Business Standard