Ind-Ra lowers FY22 GDP growth forecast to 9.6 pc due to Covid 2.0
Ind-Ra lowers FY22 GDP growth forecast to 9.6 pc due to Covid 2.0 ANI | Updated: Jun 26, 2021 12:08 IST Mumbai (Maharashtra) [India], June 26 (ANI): India Ratings and Research (Ind-Ra) has said its earlier estimate of gross domestic product (GDP) growth at 10.1 per cent for the current financial year (FY22) is unlikely to hold due to the speed and scale of Covid 2.0. It now expects GDP growth to come in at 9.6 per cent in FY22. This is however contingent upon India vaccinating its entire adult population by December 31. Average daily vaccinations during J...
Source: aninews.in