Moody's projects 13.7 pc growth in FY22, expects 7 pc contraction this fiscal

Moody's Investors Service Associate Managing Director (Sovereign Risk) Gene Fang said "our current expectation is that in the current fiscal ending March 2021, the economy would contract 7 per cent... We expect a rebound of 13.7 per cent growth in the next fiscal on normalisation of activity and base effects."

from Economy-News-Economic Times https://ift.tt/2NWmS6c