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

India’s Rocket Launch Costs: When Small Rockets Carry a Bigger Price Tag

“A small vessel may sail far, but every journey has its cost.” This saying aptly…

21 minutes ago

ISRO Chief V Narayanan Announces India’s Space Station Goal

India is planning to establish its space station by 2035. The target has been revealed…

34 minutes ago

Weekly Current Affairs One Liners (17th to 23rd August, 2026)

Weekly Current Affairs One-Liners Current Affairs 2026 plays a very important role in competitive examinations…

20 hours ago

National Space Day 2026: Theme, History and Chandrayaan-3 Legacy

National Space Day 2026 celebrated on 23rd August, 2026 in in honor of one of…

1 day ago

Indian Navy Receives Mangrol, Third Anti-Submarine Warfare Shallow Water Craft

Mangrol, the third ASW-SWC, which has more than 80% indigenous content, was handed over to…

2 days ago

NBSS&LUP Develops India’s First Soil Texture Map: Features, Uses and Significance

India has come up with its first-ever Soil Texture Map by the National Bureau of…

2 days ago