Fitch Ratings Projects India’s GDP to 12.8% for FY22

American credit standing company, Fitch has revised India’s GDP progress estimate for the fiscal 2021-22 to 12.8%, from its earlier estimate of 11%, in its newest Global Economic Outlook (GEO). The enchancment in GDP charge relies on elements like a stronger carryover impact, a looser fiscal stance, and higher virus containment. Also, for the fiscal 12 months 2022-23, Fitch expects GDP progress at 5.8%.

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Important takeaways for all aggressive exams:

  • Fitch Ratings Headquarters: New York, United States.
  • Fitch Ratings CEO: Paul Taylor.
  • Fitch Ratings Founder: John Knowles Fitch.
  • Fitch Ratings Founded: 1914.

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