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S&P raises India’s FY22 GDP growth forecast to 11% from 10%

Sumit Arora Published On March 30th, 2021 Leave a comment

S&P Global Ratings raised India’s growth forecast for the financial year 2021-22 to 11% from 10% earlier, led by an expansionary fiscal policy aimed at boosting domestic private spending. It has also raised the 2021 growth forecast for China to 8% from 7% on stronger-than-expected exports and lingering momentum in the property market.

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

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Sumit Arora

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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.