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Cloud over India's double-digit GDP growth in FY22

Cloud over India's double-digit GDP growth in FY22

As the second wave of COVID-19 engulfs India, resulting in more lockdowns and curtailed economic activity, agencies have revised downwards India's FY22 GDP forecast by up to 2 per cent.

As the second wave of COVID-19 engulfs India, resulting in more lockdowns and curtailed economic activity, agencies have revised downwards India's FY22 GDP forecast by up to 2 per cent. It now threatens India's double digit growth projection for this fiscal.

Also Read: A month-long national lockdown can shave off 1-2% of GDP, claims report