Care Ratings Projects India’s GDP progress forecast at 10.2% for FY22

Care Ratings has revised downwards the GDP progress forecast of India to 10.2 per cent in 2021-22 (FY22). Earlier this was estimated between 10.7-10.9 per cent. This minimize within the GDP is predicated on the truth that financial actions are getting affected throughout the nation resulting from curbs imposed by states amid a surge in COVID-19 instances.

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