Categories: Economy

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

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

Which District is known as the Medical City of Uttar Pradesh?

Did you know that one district in Uttar Pradesh is famous for its advanced hospitals…

22 mins ago

Which was the First Women’s University in India? Where it is Located?

Did you know that there was a time when girls in India were not allowed…

25 mins ago

L&T Vyoma to Study 250 MW Green AI Data Centre at Dholera SIR

At India AI Impact Summit 2026, the Gujarat government signed a Memorandum of Understanding (MoU)…

3 hours ago

Made in India: Nadda Launches Indigenous Td Vaccine at Kasauli Centre

Union Health Minister Jagat Prakash Nadda launched the indigenously manufactured Tetanus and Adult Diphtheria (Td)…

3 hours ago

Which Island is known as the Island of Pepper?

Did you know that one small island became famous across the world because of a…

3 hours ago

Railways Goes Smart! AI-Enabled Apps to Fix Grievances & Manage Crowds Before Chaos

Indian Railways has integrated Artificial Intelligence (AI) into seven key passenger-facing applications to improve grievance…

3 hours ago