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Brickwork Ratings Projects India’s GDP at 10-10.5% in FY22

Sumit Arora Published On November 9th, 2021 Leave a comment

Domestic credit rating agency Brickwork Ratings has estimated the gross domestic product (GDP) of India at 10-10.5 per cent in the current financial year, i.e. in 2021-22 (FY22). Earlier this was estimated at 9 per cent.

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Brickwork Ratings is a SEBI registered Credit Rating Agency with headquarter in Bengaluru. It expects the GDP growth for Q2 FY22 to be at 8.3 per cent (year-on-year), on the back of a 7.4 per cent contraction in Q2FY21. The country’s GDP grew at 20.1 per cent in the first quarter of fiscal 2022.

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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.