The domestic credit rating agency Crisil has revised the GDP growth estimate for India in FY22 (2021-22) to 9.5 percent, from the earlier estimate of 11 percent. As per CRISIL, the economy had contracted by 7.3 percent in FY21. The downward revision is basically due to the hit to private consumption and investments following the second wave of COVID-19.
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Welcome to the Current Affairs Section of Adda247. If you are preparing for Government Job Exams, then it is very important for you to read the Daily Current Affairs. All the important updates based on current affairs are included in this Daily Current Affairs 2024 article.
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