Categories: Economy

CII projects India’s FY22 GDP growth at 9.5%

The Confederation of Indian Industry (CII) has estimated the gross domestic product (GDP) of India to grow at 9.5 per cent in the current financial year, i.e. FY 2021-22. This will take the GDP to a level that is slightly higher than in FY20. Rising medical expenditure has squeezed incomes and demand. But recovery is on the cards. Global growth and macroeconomic stability will support trade and investment flows.

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Sumit Arora

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.