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Morgan Stanley retains India GDP growth estimate at 10.5% for FY22

Sumit Arora Published On September 2nd, 2021 Leave a comment

America based Investment Bank, Morgan Stanley has maintained the GDP growth forecast of India at 10.5 per cent for the financial year 2021-22 (FY2022). GDP growth is expected to move into positive territory on a two-year CAGR basis from QE September. GDP grew 20.1 per cent year-on-year in the quarter ending June. On a two-year CAGR basis, real GDP contracted 4.7 per cent in QE June versus plus 2.3 per cent in QE March.

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Sumit Arora

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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.