Credit Rating Agency Ind-Ra Revises GDP Growth Forecast To 9.4% For 2021-22

Domestic credit rating agency India Ratings and Research (Ind-Ra) revised the gross domestic product (GDP) growth forecast for the financial year 2021-22 to 9.4 per cent year-on-year, adding that the country's economic recovery will depend on the progress of the vaccination drive. If the country is able to vaccinate its entire adult population (18 years-plus) by the end of this year, then the GDP growth is expected to come in at 9.6 ...