GDP Growth Projected At 8.5% In 2021-22 With Gradual Unlocking: Rating Agency

The gross domestic product (GDP) for the financial year 2021-22 is projected to grow at 8.5 per cent year-on-year. while the gross value-added (GVA) at basic prices is projected at 7.3 per cent by credit rating agency ICRA. According to a statement shared by the agency, if the vaccine coverage in the country is accelerated with a recentralised procurement policy, the GDP expansion may rise to 9.5 per cent with a widening upside in th...