S&P Global Ratings Projects India to be among fastest-growing emerging economies in FY22 with 10% growth
- The S&P Global Ratings has projected that India will be one of the fastest growing emerging market economies in the fiscal year 2021-22, with GDP growth rate of 10 percent.
- The continuous good performance by the agriculture sector, flattening of COVID-19 infection curve, pickup in government spending and the recently released budget are some of the factors for the positive growth prospect of the country.