OECD marginally lowered India’s FY22 growth projection to 9.7%
The Organisation for Economic Co-operation and Development (OECD) has marginally lowered India’s growth projection for the ongoing fiscal to 9.7%, a reduction of 20 basis points (bps), and to 7.9% for the next financial year, down 30 bps from its May forecast, citing pandemic risks. The inter-governmental economic organisation with 38 member nations had slashed … Read more