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, 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.