India’s GDP growth is expected to rebound to 11% in FY’22 as people learn to live with the new normal, flattening of the Covid-19 affliction curve, the rollout of vaccinations, and investment-focused government spending converge, according to rating firm Crisil. But recovery won’t be easy, with scars of the pandemic deep for small businesses and the urban poor.
Important takeaways for all competitive exams:
- CEO of Crisil: Ashu Suyash.
- Crisil Chief Economist: Dharmakirti Joshi.
- Headquarters of Crisil: Mumbai.