OECD predicts India’s GDP growth for FY21 at 5.1%

OECD predicts India’s GDP growth for FY21 at 5.1%

• OECD has lowered its India’s GDP growth forecast to 5.1% from the earlier projection of 6.2% for 2020-21 (FY21).

• For FY22 OECD projects the GDP at 5.6% for India.

Points to remember:

1. GDP rate projection for India by OECD in FY21?- 5.1%
2.  GDP rate projection for India by OECD in FY22?- 5.6%