Goldman Sachs projects India’s GDP for 2020 at -8.9%; For 2021 at 10%; 2021 at 7.2%

Goldman Sachs projects India’s GDP for 2020 at -8.9%; For 2021 at 10%; 2021 at 7.2%

• Goldman Sachs has made the following projections for GDP growth rate of India in its latest report titled V(accine)-Shaped Recovery’:
  • Calendar Year 2020= -8.9%
  • Calendar Year 2021= 10%
  • Calender Year 2022= 7.2%

Points to remember:

1. India’s GDP rate projection for CY2020 as per Goldman Sachs?= -8.9%
2. India’s GDP rate projection for CY2021 as per Goldman Sachs?= 10%
3. India’s GDP rate projection for CY2022 as per Goldman Sachs?= 7.2%

Source: Goldmansachs