Categories: Economy

S&P Global Ratings Projects India’s GDP for FY22 at 9.50%

S&P Global Ratings has revised India’s growth forecast and now expects the economy to grow 9.5 per cent in 2021-22 (FY22) and 7.0 per cent in 2022-23 (FY23). India’s external position is very strong and this is quite supportive of India’s sovereign rating despite the fact that we have had this deterioration in fiscal position concurrently. India is expected to post strong economic growth in the coming quarters, even as inflation, led by food prices, is likely to remain elevated.

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

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

RBI Gets Government Approval to Issue ₹10 and ₹20 Polymer Banknotes for Field Trials

The Reserve Bank of India (RBI) got permission from the Indian Government to roll out…

51 minutes ago

Gujarat Launches e-Zero FIR System for Cyber Financial Fraud Cases: Here’s How It Works

The e-Zero FIR system has been introduced by the Gujarat Government to facilitate cyber financial…

1 hour ago

Gujarat’s Unjha Cumin and Unjha Fennel Receive GI Tag in 2026: Complete List of 31 GI Tags of Gujarat

Gujarat has secured its position as a frontrunner among India’s states with Geographical Indication (GI)…

1 hour ago

International Tiger Day 2026: Date, Theme, History, Significance, Facts and Tiger Conservation in India

On 29th July, 2026 International Tiger Day will be observed worldwide, to raise the global…

2 hours ago

UNESCO World Heritage Sites in Uttar Pradesh (2026): Complete List Here

In July 2026, Sarnath got included in the UNESCO World Heritage List which helped Uttar…

3 hours ago

Education Ministers of India (1947-2026): Complete List, First Education Minister and New Education Minister

The Ministry of Education, headed by the Education Minister of India, is one of the…

3 hours ago