India’s GDP projected at 8.8% in FY22: SBI Ecowrap report
- The State Bank of India (SBI) Research Report, Ecowrap, has revised downwards the gross domestic product (GDP) growth rate of India for FY22 (2021-22) to 8.8 percent. Earlier this was estimated at 9.3 percent.
- The report projects the GDP to grow at 5.8 percent in the third quarter (Q3) of FY2021-2022 (October-December).
Points to remember:
- GDP growth rate of India in FY22 as per SBI Ecowrap report?
- Ecowrap report is released by which bank?
Source: Financial Express