American credit rating agency, Fitch has revised India’s GDP growth estimate for the fiscal 2021-22 to 12.8%, from its previous estimate of 11%, in its latest Global Economic Outlook (GEO). The improvement in GDP rate is based on factors like a stronger carryover effect, a looser fiscal stance, and better virus containment. Also, for the fiscal year 2022-23, Fitch expects GDP growth at 5.8%.
Buy Prime Test Series for all Banking, SSC, Insurance & other exams
Important takeaways for all competitive exams:
ndia has launched Air Suvidha 2.0, a fully digital and contactless passenger health declaration platform…
The Ministry of External Affairs (MEA) has opened nearly 300 Toshakhana gifts for public e-auction…
The Mukhyamantri Kisan Sahay Yojana (MKSY) is a farmer welfare scheme launched by the Government…
The Ministry of Petroleum and Natural Gas has introduced new regulations for domestic LPG consumers…
India has emerged as one of Asia's fastest-growing green economies, generating approximately US$110 billion in…
India is preparing to significantly expand its high-speed rail network with seven proposed bullet train…