Moody’s projects India’s growth estimates to 9.5% in CY2022
- Rating agency Moody’s has revised the economic growth estimates of India for Calendar Year (CY) 2022 and CY2023, in its Global Macro Outlook 2022-23, as follows:
- CY2022- 9.5 percent (Earlier it was 7 percent)
- CY2023 – 5.5 percent
Points to remember:
- GDP growth estimate of India in CY2022 and CY 2023 as per Moody’s?
Source: Business Standard