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India’s GDP for FY22 to be 10-10.5% --- ICRA

Published on April 22, 2021
Current Context: The Information and Credit Rating Agency of India Limited (ICRA) has revised its GDP forecast for India.
India’s GDP for FY22 to be 10-10.5% --- ICRA
  • The rating agency has reduced India’s GDP by 0.5% for FY22.
  • As per ICRA, India’s economy to grow in the range of 10-10.5% for FY22.
  • Earlier, it had projected growth of 10-11%.
  • The reduction in the GDP growth was predicted due to the lockdown situation and restrictions imposed on various activities because of rising in a pandemic situation.
  • Static Part: 
    • HQ of ICRA: Gurgaon, Haryana


Q.1 As per ICRA, India’s GDP growth for FY22 to be in the range of ___?
a. 10-10.5%
b. 9.0-10.5%
c. 10-11.5%
d. 8.0-9.5%

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