India Ratings projects economy to grow at 7.6% in FY23

Daily Current Affairs / India Ratings projects economy to grow at 7.6% in FY23

Change Language English Hindi

Category : Business and economics Published on: January 22 2022

Share on facebook

India Ratings and Research projects the country's economy is likely to grow at 7.6 percent year-on-year in 2022-23.
The agency also concludes that the Indian economy will show a meaningful expansion, as the real GDP in 2022-23 is expected to be 9.1 percent higher than that in 2019-20 (pre-COVID level).
However, the size of the Indian economy in FY23 will be 10.2 percent lower than the FY23 GDP trend value.
Earlier this month, the National Statistical Office (NSO) in its first advance estimate said gross domestic product (GDP) is expected to grow at 9.2 percent in 2021-22.

World Environment Day 2025 to focus on ending plastic pollution; South Korea to host global celebrations.
Read More....
Geneva to host second session of global plastic pollution treaty talks from August 5 to 14, 2025.
Read More....
RCB wins IPL title for the first time, ending Virat Kohli's 18-year-long wait.
Read More....
June observed as Men's Health Month to raise awareness about men's well-being.
Read More....
Karol Nawrocki wins Polish presidential election with 50.9% votes, defeating pro-EU candidate.
Read More....
India to need 1 million AI professionals by 2026; AI education and tech sector on the rise.
Read More....
PSG wins Champions League for the first time with record 5–0 win over Inter Milan.
Read More....
IIT Delhi and AIIMS sign MoU to set up AI research centre in healthcare.
Read More....
India elected to UN Economic and Social Council for 2026–2028 term.
Read More....
Two Rajasthan wetlands added to Ramsar list, taking India’s total to 91 sites.
Read More....

India Ratings projects economy to grow at 7.6% in FY23