Categories: Economy

S&P Global Ratings: India to be among fastest growing emerging economies in FY22

The S&P Global Ratings has projected that India will be one of the fastest-growing emerging market economies in the fiscal year 2021-22, with a GDP growth rate of 10 per cent. The continuous good performance by the agriculture sector, flattening of COVID-19 infection curve, pickup in government spending and the recently released budget are some of the factors for the positive growth prospect of the country.

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Important takeaways for all competitive exams:

  • S&P Global Ratings Headquarters: New York, United States.
  • President of S&P Global Ratings: John Berisford.

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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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