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S&P Revises India’s GDP Growth Forecast to 9.8% for FY22

S&P Revises India's GDP Growth Forecast to 9.8% for FY22_60.1

The US-based S&P Global Ratings has lowered the GDP growth forecast of the Indian economy to 9.8 per cent for the financial year 2021-22 (FY22). The US-based rating agency in March had an 11 per cent GDP growth forecast for India for April 2021-March 2022 fiscal. on account of a fast economic reopening and fiscal stimulus.

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