Categories: Economy

Moody’s projects India GDP at -10.6% for FY21

Moody’s Investors Service has revised India’s GDP growth forecast to -10.6 per cent for the current fiscal 2020-21 (FY21), in its November 2020 update, from its earlier estimate of -11.5 per cent in September 2020. For next fiscal 2021-22, Moody’s projected India to grow at 10.8 per cent, as against the previous estimate of 10.6 per cent.

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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.