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Oxford Economics Projects India’s FY22 GDP Growth Forecast to 10.2%

Oxford Economics Projects India's FY22 GDP Growth Forecast to 10.2%_4.1

The Global forecasting firm Oxford Economics has revised downwards the GDP growth forecast for India to 10.2 per cent for fiscal 2021-22. Earlier it predicted this at 11.8 per cent. The downward revision is based on the country’s serious health burden, weak vaccination rate and lack of a convincing government strategy to contain the pandemic.

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Oxford Economics Projects India's FY22 GDP Growth Forecast to 10.2%_5.1

Oxford Economics Projects India's FY22 GDP Growth Forecast to 10.2%_6.1