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.

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

Important takeaways for all competitive exams:

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

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

Who Is the Current Prime Minister of Nepal?

Balen Shah, also called as Balendra Shah, is the current Prime Minister of the Nepal.…

30 minutes ago

India Sends 10 Tonnes of Relief Aid to Nepal After Deadly Floods

The Indian government has sent 10 tons of the disaster relief and humanitarian aid to…

1 hour ago

World Lake Day 2026: Date, History, Significance and Why Lake Conservation Matters

World Lake Day for the year 2026 falls on the 27th of August, bringing worldwide…

2 hours ago

SCO Summit 2026 in Bishkek: Dates, Venue, Agenda and Member States

The SCO Summit 2026 is scheduled to feature leaders and representatives of the Shanghai Cooperation…

19 hours ago

Dak Seva vs Dak Mitra: Know the Difference Between India Post’s Two New Apps

India Post is making an upgrade to its digital services by launching upgraded versions of…

19 hours ago

Which Country Gifted the Statue of Liberty to the United States?

The Statue of Liberty is among the world's well-known symbols of freedom, democracy, and friendship.…

20 hours ago