Categories: Economy

India Ratings: India will grow 10.4% in FY22

India’s growth would bounce back to 10.4% in the upcoming fiscal according to India Ratings and Research (Ind-Ra). FY22 would broadly be covering the lost ground of FY21. Regarding this reduced allocation to the rural employment guarantee scheme. The rating agency expects GDP growth to turn positive at 0.3 per cent in the January-March quarter of FY21 after shrinking in the first nine months of the year.

WARRIOR 5.0 Batch for SBI, RRB, RBI and IBPS Exams Banking Awareness Online Coaching | Bilingual

When the crisis is largely under control, not completely taken care of, but the Covid-19 situation is under control, with the economy opening up, the requirement for fiscal stimulus will reduce, and that is what is being reflected in the budget.

Important takeaways for all competitive exams:

MD & CEO of India Ratings and Research: Rohit Karan Sawhney.
India Ratings and Research Headquarters: Mumbai, Maharashtra.

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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.