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Barclays pegs India’s FY22 GDP growth at 7.7%

Sumit Arora May 26th, 2021 04:29 pm 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, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.