Brokerages downgrade India's GDP growth projections for FY'22 amid resurgence of Covid cases

India's GDP growth had been on the decline even before the pandemic struck earlier last year. From a growth rate of 8.3 per cent in FY'17, the GDP expansion had dipped to 6.8 per cent and 6.5 per cent in the following two years and to 4 per cent in 2019-20.

from Economy-News-Economic Times https://ift.tt/3uRoFd0