ICRA Projects India’s actual GDP to increase by 10.1% in FY22

Domestic score company ICRA Ratings expects the actual gross home product (GDP) of India to develop by 10.1% within the monetary yr 2021-22 (FY2022). The score company ICRA had earlier projected a contraction of 7.8% for the continuing fiscal 2020-21. The seemingly-sharp growth shall be led by the continued normalisation in financial actions because the rollout of Covid-19 vaccines gathers traction and the low base.

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Important takeaways for all aggressive exams:

  • ICRA Headquarters: Gurgaon, Haryana.
  • ICRA Non-Executive Chairman and Director: Arun Duggal.

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