Care Ratings Projects India’s GDP Forecast to 9.2% for FY22

The domestic rating agency, Care Ratings, has revised the GDP growth forecast of India for the current fiscal year 2021-2022 (FY22) to 9.2 per cent. This is lower than 10.2 per cent estimated earlier in April 2021.

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Important takeaways for all competitive exams:

• CARE Ratings Founded: 1993.
• CARE Ratings: Mumbai, Maharashtra.
• CARE Ratings Managing Director & Chief Executive Officer: Ajay Mahajan.

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