Categories: Economy

SBI Ecowrap report projects India’s GDP for FY22 between 9.3%-9.6%

State Bank of India (SBI) economists in its research report “Ecowrap”, has revised upwards the GDP growth projection for India to the range of 9.3%-9.6% for FY22 (2021-22). Earlier this was estimated in the range of 8.5%-9%. The reason for the upward revision is a decline in the number of COVID cases.

Buy Prime Test Series for all Banking, SSC, Insurance & other exams

The analysis suggested that “India remained unscathed in Q3 from the global situation, which is marred by supply disruptions, stubborn inflation and surges of infections during Q3 2021.” As per the report, India has recorded only an 11 per cent increase in Covid-19 cases during Q3 this year the second-lowest among the top 15 most affected countries.

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

Admiral Krishna Swaminathan Takes Charge as 27th Chief of Naval Staff

Admiral Krishna Swaminathan has assumed charge as the 27th Chief of the Naval Staff (CNS)…

21 minutes ago

IPL 2026: Final Award Winners & Complete Awards and Prize Money List

Royal Challengers Bengaluru has successfully defended their title by defeating Gujarat Titans by five wickets…

59 minutes ago

IPL Winners List from 2008 to 2026 – All Season Winners with Runner Up

The IPL 2026 season was the 19th edition of the Indian Premier League, featuring 10…

1 hour ago

RCB Win IPL 2026 Final by 5 Wickets, Defend Title Against Gujarat Titans

Royal Challengers Bengaluru (RCB) won the Indian Premier League (IPL) 2026 title by defeating Gujarat…

12 hours ago

Weekly Current Affairs One Liners (25th to 31st May, 2026)

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

23 hours ago

IPL Previous Year Questions (PYQs) Asked in SSC, RRB, UPSC & Other Exams

Questions 1. Who became the first foreign player to complete 5,000 runs in IPL? Exam:…

23 hours ago