SBI Ecowrap report projects India’s GDP for FY22 between 9.3%-9.6%

SBI Ecowrap report projects India’s GDP for FY22 between 9.3%-9.6%

• The State Bank of India (SBI) economists in its research report – Ecowrap, has revised upwards the GDP growth projection for India to range of 9.3%-9.6% for FY22 (2021-22).
  
• Earlier this was estimated in the range of 8.5%-9%.
• The reason for the upward revision isdecline in the number of COVID cases.

Points to Remember:

1. GDP growth projection of India in FY22 as per SBI Ecowrap?
2. Ecowrap report is released by which organization?

Source: Business Standard