Categories: Economy

OECD projects India’s GDP at -10.2% in FY21

The Organisation for Economic Cooperation and Development (OECD) expects the Indian economy to contract by 10.2% in FY21 (2020-21) as compared to its previous estimate of 16.7% in June. For FY22 (2021-22), the Paris-based OECD projects India’s gross domestic product (GDP) to grow at 10.7%.

WARRIOR 3.0 | Banking Awareness Batch for SBI, RRB, RBI and IBPS Exams | Bilingual | Live Class

Important takeaways for all competitive exams:

  • OECD Headquarters: Paris, France.
  • OECD Founded: 1961.
  • OECD Secretary-General: Jose Angel Gurria.

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.

Recent Posts

Yellowstone’s Rare Echinus Geyser Erupts Again After Six Years

The Echinus Geyser, known as the world’s largest acidic geyser. Which has erupted again after…

11 mins ago

Hatti Risala Festival Celebrates 138 Years of Tradition in Maharashtra

The historic Hatti Risala festival in Jalna has completed 138 years. Which is continuing a…

36 mins ago

Maharashtra Economy to Grow 7.9% in 2025-26: What the State Economic Survey Reveals

The Maharashtra Economic Survey 2025-26 projects the Maharashtra economy to grow by 7.9% in the…

51 mins ago

Maharashtra Records Slowest GSDP Growth Among India’s Big Four State Economies

Maharashtra has recorded the slowest Gross State Domestic Product (GSDP) growth among India’s four largest…

1 hour ago

Bihar Will Get New CM As Nitish Kumar To Go Rajya Sabha Will Resign Soon

Bihar Chief Minister Nitish Kumar has confirmed that he will contest the upcoming Rajya Sabha…

2 hours ago

Bihar to Upgrade 54 Colleges as Centres of Excellence Under Saat Nischay-3

Bihar government has shortlisted 54 colleges and institutions to be developed as Centres of Excellence…

2 hours ago