ICRA Projects India’s GDP at 9% in FY22 and FY23
- Domestic credit rating agency ICRA Ltd. has projected the real gross domestic product (GDP) of India at 9 percent for fiscal 2022-2023, amid rising Omicron variant of COVID-19 cases in the country.
- For FY2021-2022 as well, ICRA has maintained its forecast of a 9 percent GDP expansion.
Points to Remember:
- GDP growth rate of India in FY23 and FY22 as per ICRA Ltd?
- Headquarter of ICRA Ltd. – Gurgaon
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