Categories: Economy

NCAER projects India’s GDP to contract 7.3% in FY21

The National Council of Applied Economic Research (NCAER) has projected the Indian economy to contract 7.3 per cent in FY21, compared to -12.6% forecast in September 2020. The Delhi based economic think tank released its mid-year review of the Indian economy virtually on 21 December 2020.

WARRIOR 4.0 | Banking Awareness Batch for SBI, RRB, RBI and IBPS Exams | Bilingual | Live Class

Find More News on Economy Here

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.