RBI: India’s GDP growth projected at 10.5 per cent for FY22

In the last bi-monthly monetary policy meet for the current, the Reserve Bank of India projected India’s GDP growth rate at 10.5 per cent for the fiscal year 2021-22. The growth outlook has improved significantly, and the vaccination drive will further boost the economic rebound.

WARRIOR 5.0 Batch for SBI, RRB, RBI and IBPS Exams Banking Awareness Online Coaching | Bilingual

The apex bank expects the Indian economy to grow in the range of 8.3 per cent to 26.2 per cent in the first half of FY22, followed by a 6 per cent growth in Q3FY22. The central bank’s projection is lower than that of the Economic Survey that projected India to grow at a rate of 11 per cent in the coming fiscal.

Find More News on Economy Here