India Ratings projects economy to grow at 7.6% in FY23

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.
Recent Post's
  • Indian Grandmaster D Gukesh won the World Chess Championship 2024 title by defeating China's Ding Liren in the 14th round on 12 December 2024.

    Read More....
  • Dr. Dinesh Shahra unveiled Dalai Lama's Secret to Happiness at the prestigious Library of Tibetan Works & Archives.

    Read More....
  • Sanjay Tandon was awarded an honorary doctorate by Stanford International University for his advocacy in music rights management and cultural preservation.

    Read More....
  • The Bulgarian film Stadoto won the Golden Royal Bengal Tiger Award at the 30th Kolkata International Film Festival.

    Read More....
  • Gorakhpur is set to become the first integrated waste management city in the country by September 2025.

    Read More....
  • National Energy Conservation Day 2024 will be observed on December 14.

    Read More....
  • The India Maritime Heritage Conclave 2024 (IMHC 2024) was organized by the Ministry of Ports, Shipping and Waterways in New Delhi.

    Read More....
  • Elon Musk becomes the world's first person with a net worth exceeding $400 billion.

    Read More....
  • The Union Cabinet has approved the 'One Nation, One Election' bill, which aims to synchronize parliamentary and state assembly elections across India.

    Read More....
  • Famous Gujarati singer and musician Purushottam Upadhyay passed away at 90.

    Read More....