Categories: Economy

Crisil Projects India’s GDP Growth for FY22 to 9.5%

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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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.

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