Categories: Economy

Ind-Ra Projects India’s GDP Growth Rate at 10.1% in FY22

India Ratings and Research (Ind-Ra) has revised downwards the GDP growth forecast of India in FY22 (2021-22) to 10.1 per cent. Earlier Ind-Ra estimated this at 10.4 per cent. The downward revision is due to the second wave of COVID-19 infections and the slower pace of vaccination. For FY21 (2020-21), the economy is estimated to have contracted by 7.6 per cent. Ind-Ra is a wholly-owned subsidiary of the Fitch Group.

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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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