Home   »   Care Ratings forecasts Indian Economy to...

Care Ratings forecasts Indian Economy to contract by 6.4%

Care Ratings forecasts Indian Economy to contract by 6.4%_3.1

Care Ratings has forecasted Indian economy to contract by 6.4% for the financial year 2020-21. The rating agency has slashed the GDP growth rate of Indian economy citing continued restrictions in the economic activities due to the lockdown on account of the COVID-19 pandemic. It also expects that the positive growth will come from only agriculture and the government sector.

Boost your General Awareness Knowledge with Adda247 Live Batch: TARGET GA BATCH | SBI Clerk Mains & RBI Assistant Mains Exams

Find More Economy News

Care Ratings forecasts Indian Economy to contract by 6.4%_4.1

prime_image
About the Author

Working as an SEO Manager at Adda247, I bring over 10 years of experience in Search Engine Optimization (SEO) and digital marketing. I specialize in driving organic growth through data-driven strategies, including keyword research, on-page SEO, off-page optimization, and technical SEO. My area of expertise in the EdTech sector, specifically focusing on competitive exams such as Bank, SSC, Railway, UPSC, and various State Government job examinations.