Daily Current Affairs on Fitch Solutions projects India’s GDP growth at -8.6% in 2020-21 for General Knowledge ( All Exams) Preparation

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Fitch Solutions projects India’s GDP growth at -8.6% in 2020-21

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Fitch Solutions projects India’s GDP growth at -8.6% in 2020-21
  • Fitch Solutions has revised downward its forecast for Indian economic growth and now estimates that India’s GDP will contract by 8.6% in 2020-21 (FY21).
  • Earlier this was estimated at -4.5%.
  • It has also forecasted a 5 percent year-on-year (y-o-y) growth in 2021 and 2022.
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