NCAER forecasts India’s GDP growth at 4.9% for FY20

The National Council of Applied Economic Research (NCAER) has pegged India’s gross domestic product (GDP) growth for 2019-20 at 4.9% as against 6.8 % in 2018 (or FY-19). It lowers its outlook due to the slowdown in almost all sectors & it is primarily driven by a simultaneous deceleration of all the drivers of aggregate demand.

Static/Current Takeaways Important For RRB NTPC/SSC CGL:

  • President of NCAER: Nandan M Nilekani.
  • Headquarters of NCAER: New Delhi; Founded: 1956.

Source: The Business Standard

Find More News on Economy Here

हिंदी में पढ़ें

×

Download success!

Thanks for downloading the guide. For similar guides, free study material, quizzes, videos and job alerts you can download the Adda247 app from play store.

[adda247_lead_form]

Leave a comment

Your email address will not be published. Required fields are marked *