Daily Current Affairs on Barclays Revises India’s GDP Estimate for FY22 to 9.2% for General Knowledge ( All Exams) Preparation

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Barclays Revises India’s GDP Estimate for FY22 to 9.2%

Current GK ( Master) Growth and development
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Barclays Revises India’s GDP Estimate for FY22 to 9.2%
  • The British brokerage company, Barclays has cut India’s GDP growth estimate for FY22 by a sharp 0.80 percent to 9.2 percent from its previous estimate of 10 percent.
  • The downward revision is because the economic impact of the second wave of Covid infections has been deeper than initially expected.
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