Fitch Ratings Projects GDP of India at -9.4% in FY21 & 11% in FY22
- The Fitch Ratings expect gross domestic product (GDP) of India to contract by 9.4 percent in FY21 (April 2020 to March 2021).
- Fitch further projects the GDP to expand by 11 percent in FY22 (April 2021 to March 2022).
Points to Remember:
- GDP of India in FY21 as per Fitch Ratings? -9.4%
- GDP of India in FY22 as per Fitch Ratings? 11%
- Headquarter of Fitch? New York, United States
Source: Business Standard