Icra projects GDP growth at 8.5% in FY2022

Icra projects GDP growth at 8.5% in FY2022

With decline in number of fresh COVID-19 cases and easing of restrictions, the country’s gross domestic product (GDP) will grow at 8.5 per cent in FY2021-22, according to credit rating agency Ratings. It expects the gross value added (GVA) at basic prices (at constant 2011-12 prices) to grow at 7.3 per cent in FY2022. “The … Read more