Ind-Ra revises India’s GDP growth rate for FY22 at 9.6%

India Ratings and Research (Ind-Ra) has projected the GDP growth rate of India for fiscal year FY22 (2021-22) at 9.6 per cent. Earlier this was estimated at 10.1 per cent by the rating agency. This rate is, however, contingent upon India vaccinating its entire adult population by December 31, 2021.

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