Categories: Economy

S&P Projects India’s GDP Growth Forecast at 11% in FY22

The S&P Global Ratings has estimated the Indian economy to grow at 11 per cent in the current fiscal, i.e. 2021-22 (FY22). In terms of the sovereign rating, S&P currently has a ‘BBB-‘ rating on India with a stable outlook. Earlier, for 2020-21, the S&P estimated the Indian economy to contract 8 per cent.

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Sumit Arora

As a team lead and current affairs writer at Adda247, my role involves researching and creating informative and engaging content aimed at helping candidates prepare for national and state-level competitive government exams. I specialize in delivering insightful articles that keep aspirants updated on the latest current affairs trends and developments. My primary focus is on educational excellence, ensuring that our readers are well-prepared and informed to face their exams with confidence. Through meticulously crafted content, I aim to guide and support candidates in their journey toward success.

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