CRISIL projects India’s GDP growth for FY22 at 9.2% and for FY23 at 7.8%

• Rating Agency CRISIL has made the following projections for the GDP growth rate of India:
  • For 2021-22 (FY22) = 9.2%
  • For 2022-23 (FY23)= 7.8%

Points to remember:

1. Both the projections as per CRISIL
2. Projection for India’s GDP growth in FY23 as per budget?= 8.5%

Source: Business Standard