SBI Research Downgrades India’s GDP at -6.8% for FY21
- SBI Research has slashed India’s economic growth forecast in the current fiscal year 2020-21 to contract to 6.8 percent from earlier 4.7 percent.
- This means, as per SBI Research Report, India’s GDP is estimated at -6.8% in FY21.
Points to remember:
- What is the GDP projection of India for 2020-21 according to SBI Research?
Source: Business Standard