Categories: Economy

India Ratings slashes India’s FY21 GDP growth to 1.9%

In its latest report, credit rating agency India Ratings and Research (Ind-Ra) has slashed India’s Fiscal Year 2021 gross domestic product (GDP) growth to 1.9%. Earlier, the rating agency marked India’s Fiscal Year 2021 GDP growth at 3.6% in March 2020.

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The current stats are the lowest for India in the last 29 years. The GDP growth has been slashed by the credit rating agency citing the assumption of the partial lockdown to continue in India till mid-May 2020 due to the COVID-19 pandemic.

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Mahesh Kumar

Working as an SEO Manager at Adda247, I bring over 10 years of experience in Search Engine Optimization (SEO) and digital marketing. I specialize in driving organic growth through data-driven strategies, including keyword research, on-page SEO, off-page optimization, and technical SEO. My area of expertise in the EdTech sector, specifically focusing on competitive exams such as Bank, SSC, Railway, UPSC, and various State Government job examinations.

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