GDP expansion forecast at deceptively high 20 pc in Q1: ICRA

New Delhi [India], August 19 (ANI): ICRA has forecast the year-on-year growth of the GDP and gross value added (GVA) at basic prices (at constant 2011-12 prices) at 20 per cent and 17 per cent respectively in Q1 FY2022, benefitting from healthy Central and state government capital spending, robust merchandise exports and resilient demand from the farm sector.

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