CRISIL projects India’s GDP rate at -7% for FY21 and 11% for FY22

• Rating Agency CRISIL has projected India’s GDP growth rate as under:
  • For FY21= -7%
  • For FY22= +11%
• CRISIL is a subsidiary of American company S&P Global.

Points to remember:

1. India’s GDP rate for FY21 as per CRISIL?= -7%
2. India’s GDP rate for FY22 as per CRISIL?= +11%

Source: TimesofIndia