NCAER predicts India GDP for FY21 at -12.6%

The National Council of Applied Economic Research (NCAER) has projected the GDP growth for the Indian economy at -12.6% For 2020-21 (FY21) with the remaining three quarters expected to witness a fall. For 2021-22, NCAER projects the GDP of India to grow by 7%.

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Important takeaways for all competitive exams: 

  • National Council of Applied Economic Research Headquarters location: New Delhi.
  • National Council of Applied Economic Research Founded: 1956.

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