Categories: Economy

ICRA rating agency expects India to grow at 9% in FY22-23

ICRA Credit rating agency has expected India’s real gross domestic product (GDP) will grow with 9% rate in fiscal years 2022 and 2023. The Indian economy has grown at 8.4 percent in the second quarter of the current fiscal year. ICRA said the growth momentum is not enough to confirm a change in the Monetary Policy stance in the February 2022 review. The Future Expectation Index continued to display optimism because of improving the overall economic situation.

Buy Prime Test Series for all Banking, SSC, Insurance & other exams

Find More News on Economy Here

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.

Recent Posts

Why Moody’s Has Suddenly Cut India’s Growth Rate – Explained

Moody's Ratings had downgrade the India's GDP forecast for the year 2026 amid certain reasons. This…

25 minutes ago

What Is ‘One Case One Data’? The New Reform of Supreme Court Explained

Respectable Supreme Court of India has taken the step towards the modernization of judicial services…

17 hours ago

What Is ‘Annapurna Bhandaar’ Scheme – Why is it Important for Women of West Bengal?

Respectable West Bengal Chief Minister Suvendu Adhikari has announced the Annapurna Bhandaar scheme across the…

18 hours ago

What Is the ‘Made in India Brand Scheme’? A Game-Changer For Manufacturing?

To boost the manufacturing India is planning to launch the Made in India Brand Scheme…

18 hours ago

India Celebrates Healthcare Heroes with Florence Nightingale Awards 2026

Respectable President of India Shri. Droupadi Murmu has presented the National Florence Nightingale Awards 2026…

19 hours ago

India’s Latest Mission Could Change Rural Jobs Forever Under VB-G RAM G Act From July 1, 2026

The Government of India ha announced the nationwide rollout of the Viksit Bharat - Guarantee…

19 hours ago