Fitch Solution Projects India’s GDP Growth Rate for FY22 to 9.5%

Fitch Solution has estimated the GDP of the Indian economy to grow 9.5 per cent in 2021-22 (April 2021 to March 2022). The cut in the real GDP is due to the economic damage caused as a result of state-level lockdowns imposed because of the sudden and steep surge in the number of coronavirus cases.

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