Categories: Economy

ICRA projects GDP growth of India at 8.5% in FY 2022

The domestic credit rating agency ICRA has projected the gross domestic product (GDP) growth rate of India for the financial year 2021-22 to 8.5 per cent year-on-year. It expects the gross value added (GVA) at basic prices (at constant 2011-12 prices) to grow at 7.3 per cent in FY2022. ICRA is Gurgaon based credit rating agency, owned by Moody’s Corporation.

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Sumit Arora

As a team lead and current affairs writer at Adda247, my role involves researching and creating informative and engaging content aimed at helping candidates prepare for national and state-level competitive government exams. I specialize in delivering insightful articles that keep aspirants updated on the latest current affairs trends and developments. My primary focus is on educational excellence, ensuring that our readers are well-prepared and informed to face their exams with confidence. Through meticulously crafted content, I aim to guide and support candidates in their journey toward success.

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