Goldman Sachs projects India’s GDP growth rate for FY21 at -5%
- The global investment banking group, Goldman Sachs has predicted India’s GDP growth for FY21 at -5.0%. Earlier it has predicted the same at -0.4%.
- It means as per Goldman Sachs the GDP of India will contract by 5.0% in FY21.
Points to remember:
- What is India’s GDP growth rate prediction for FY21 as per Goldman Sachs?= -5.0%
Source: Business Standard