Fitch Solution Projects India’s GDP Growth Rate for FY22 to 9.5%
- Fitch Solution has estimated the GDP of Indian economy to grow 9.5 percent in 2021-22 (April 2021 to March 2022).
- The cut in the real GDP is due to the economic damage caused as a result of state level lockdowns imposed because of the sudden and steep surge in the number of coronavirus cases.
Points to Remember:
- GDP growth rate of India in FY22 as per Fitch Solutions? 9.5%