Moody’s Retains India’s GDP growth forecast to 9.6% for CY2021 and 7% for CY2022

Moody’s Retains India’s GDP growth forecast to 9.6% for CY2021 and 7% for CY2022

• Moody’s Investors Service has retained India’s growth forecast for the calendar year (CY) 2021 at 9.6 percent, in its August update to ‘Global Macro Outlook 2021-22’ report.
• The GDP growth forecast for calendar year 2022 is retained at 7 percent.

Points to Remember:

1. GDP growth projection of India in Calendar Year 2021 as per Moody’s? 9.6%
2. GDP growth rate of India in Calendar Year 2022 as per Moody’s? 7%

Source: Economic Times