Categories: Economy

SBI revises India’s GDP estimates to -7.0 percent for FY21

The State Bank of India’s (SBI) Economic Research Department has revised GDP estimates of India for FY21 to contract 7.0%. Earlier this was estimated GDP at -7.4%. The SBI Research Report has retained its GDP forecast for FY22 at 11 per cent.

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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.

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