ICRA Projects India’s real GDP to expand by 10.1% in FY22

ICRA Projects India’s real GDP to expand by 10.1% in FY22

• Domestic rating agency Icra Ratings expects the real gross domestic product (GDP) of India to grow by 10.1% in the financial year 2021-22 (FY2022).
• The rating agency ICRA had earlier projected a contraction of 7.8% for the ongoing fiscal 2020-21.

Points to Remember:

1. What is the GDP projection of India in 2021-22 as per ICRA?
2. Headquarter of ICRA? Gurgaon

Source: Economic Times