Daily Current Affairs on Moody’s slashes India’s GDP growth to `zero' in FY21 for General Knowledge ( All Exams) Preparation

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Daily Current Affairs

Moody’s slashes India’s GDP growth to `zero' in FY21

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Moody’s slashes India’s GDP growth to `zero' in FY21
  • The global rating agency Moody's has slashed India's GDP growth rate at Zero for the current fiscal.
  • Its previous estimate was 2.6 per cent. 
  • However, it has forecast India's GDP growth rate to bounce back to 6.6 per cent in 2021-22.
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