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India’s GDP to 12.8% for FY22—Fitch

Published on March 25, 2021
Current Context: The Fitch Ratings has upgraded the growth projection for India to 12.8% for the fiscal year 2022.
India’s GDP to 12.8% for FY22—Fitch
  • Earlier it had estimated 11% of growth for India for FY22.
  • Fitch has released this upgradation in growth in its Global Economic Outlook (GEO), which mentions that the improvement in GDP is due to factors like stronger carryover effect, looser fiscal stance and better virus containment.
  • Static Part: 
    • HQ of Fitch Ratings: New York, US

Question: 

Q.1  As per Fitch Ratings, India’s GDP to be at ___% for FY22?
a. 10.5%
b. 11%
c. 12.8%
d. 12%

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