S&P forecasts 11% growth for India this fiscal, flags 'substantial' impact of broader lockdowns

"Our forecast growth of 11 per cent for India in 2021 is followed by a 6.1 per cent-6.4 per cent forecast increase for the next couple of years... Some targeted lockdowns have already been implemented and more will likely be needed. The impact of broader lockdowns on the economy could be substantial, depending on their length and scope," it said.

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