Categories: Economy

UBS Projects India’s GDP at -10.5% for FY21

The UBS has projected India’s real GDP to contract 10.5% in FY21, in its Global Economics & Markets Outlook 2021-2022 report. For the fiscal 2021-22 (FY22) UBS expect India’s real GDP growth to rebound to +10% in FY22. UBS also estimates India’s GDP to stabilise at 6.2 per cent YoY in FY23.

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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.