Moody’s Projects India’s growth at 4.9% in FY20, 5.5% in FY21
- Moody’s Investors Service has projected India’s GDP growth during the current fiscal ending 31 March 2020 at 4.9 percent (unchanged).
- For the fiscal 2020-21, GDP growth is estimated at 5.5 percent compared to December 2019 estimate of 6.3 percent.
- And for 2021-22 fiscal, GDP growth is estimated at 6 percent from 6.7 percent projected earlier.
Summary
- 2019-20 – 4.9%
- 2020-21 – 5.5%
- 2021-22 – 6%
Points to Remember:
GDP growth of India for FY 20, FY21 and FY22 as predicted by Moody’s?