Categories: Economy

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

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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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.