S&P Revises India’s GDP Growth Forecast to 9.8% for FY22

S&P Revises India’s GDP Growth Forecast to 9.8% for FY22

• The US-based S&P Global Ratings has lowered the GDP growth forecast of Indian economy to 9.8 percent for the financial year 2021-22 (FY22).
• Earlier in March 2021, this estimate was 11 percent.

Points to Remember:

1. GDP Growth rate of India in 2021-22 as per S&P Global Ratings? 9.8%
2. S&P Global Ratings  headquarter:New York, United States

Source: Business Standard