IHS Markit Estimates GDP Growth Rate of India

IHS Markit Estimates GDP Growth Rate of India

Question: What is the GDP growth rate forecasted by the London-based company IHS Markit for India for 2021-22 fiscal?
(a) 11 per cent
(b) 9.6 per cent
(c) 13 per cent
(d) 12 per cent
Answer: (b)
Related facts:

  • IHS Markit has projected the GDP growth rate of the Indian economy to grow at 9.6 per cent in FY2021-22.
  • IHS Markit is a London-based financial services company.
  • This cut in the GDP is followed by rising Covid 19 cases across country and resulted lockdowns and restrictions.

By-Amar Mani Upadhyay

Links:
https://www.business-standard.com/article/economy-policy/ihs-markit-sees-india-s-fy22-gdp-growth-at-9-6-amid-rising-covid-cases-121042800131_1.html