ADB Estimates India’s GDP for FY21 at 4 Percent

The Asian Development Bank (ADB) released its latest Asian Development Outlook (ADO) 2020 for financial year 2020-21.
As per ADB, the Gross Domestic Product (GDP) growth in India is likely to slow down to 4 percent in FY21 (2020-21) on the back of the current global health emergency.
However, ADB expects the Indian economy to further strengthen to 6.2 percent in the FY22 .