Moody’s Analytics has projected the Indian economy to grow by 12 per cent in the Calendar Year 2021. For the Calendar year 2020, the real GDP was projected to contract 7.1 per cent by Moody’s. It must be noted that Moody’s Analytics makes calendar year projections, while its sister organization Moody’s Investors Service provides fiscal year estimates.
Buy Prime Test Series for all Banking, SSC, Insurance & other exams
This forecast is equivalent to real GDP, in level terms, growing by 4.4 per cent above pre-COVID-19 levels (as of March 2020) by the end of 2021, or equivalently, by 5.7 per cent above the GDP level in December 2020 by the end of 2021.
Important takeaways for all competitive exams:
Scotland has become the first country in the United Kingdom to legalize water cremation, also…
India is observing National Safety Day 2026 on March 4. The day reaffirming its commitment…
World Obesity Day 2026 will be observed on March 4. This year drawing global attention…
India has overtaken the United States to become the second highest country globally for childhood…
The Ashmolean Museum at the University of Oxford has formally returned a 16th-century bronze idol…
A landmark achievement for Indian sport. In which the India women's national cricket team has…