ICRA cuts India’s GDP growth forecast in FY23 to 7.2%
- Rating agency ICRA has lowered the growth forecast for India’s GDP in 2022-23 (FY23) to 7.2 percent. Earlier this rate was 8 percent.
- The ICRA Ltd. has projected the GDP growth forecast for 2021-22 (FY22) at 8.5%.
Points to Remember:
- What is the estimated GDP growth forecast of India in FY22 and FY23 as per ICRA?
Source: The Hindu