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Barclays pegs India’s FY22 GDP growth at 7.7%

Sumit Arora Published On May 26th, 2021 Leave a comment

Barclays has pegged India’s economic growth for fiscal 2021-22 (FY22), as measured by gross domestic product (GDP) at 7.7 per cent in the bear-case scenario if the country is hit by the third wave of the Covid pandemic going ahead. The economic cost, it believes, could rise by at least a further $42.6 billion, assuming another round of similar stringent lockdowns is imposed across the country for eight weeks later this year.

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Sumit Arora

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As a team lead and current affairs writer at Adda247, my role involves researching and creating informative and engaging content aimed at helping candidates prepare for national and state-level competitive government exams. I specialize in delivering insightful articles that keep aspirants updated on the latest current affairs trends and developments. My primary focus is on educational excellence, ensuring that our readers are well-prepared and informed to face their exams with confidence. Through meticulously crafted content, I aim to guide and support candidates in their journey toward success.