{"id":107956,"date":"2021-02-04T13:59:27","date_gmt":"2021-02-04T13:59:27","guid":{"rendered":"https:\/\/www.edristi.in\/?p=107956"},"modified":"2021-02-05T09:48:17","modified_gmt":"2021-02-05T09:48:17","slug":"fitch-growth-projection","status":"publish","type":"post","link":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/fitch-growth-projection\/","title":{"rendered":"FITCH growth projection"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>Question : Which one of the following statement is correct regarding FITCH growth projections released on January 2021 ?<br><\/strong>(a) Fitch puts FY 23-26 growth at 6.5 percent<br>(b) Fitch puts FY 23-26 growth at 6.5 percent<br>(c) Fitch puts FY 23-26 growth at 6.5 percent<br>(d) Fitch puts FY 23-26 growth at 6.5 percent<br><strong>Ans.(a)<br>Related facts<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>FITCH growth projections released on January 2021. Fitch Ratings is a leading provider of credit ratings, commentary and research for global capital markets.<\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>India&#8217;s growth projections<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>After the initial rebound to 11% in FY22, as the economy suffers lasting damage from the pandemic.<\/li><li>India would face medium-term slowdown.<\/li><li>Fitch Ratings projected India\u2019s medium term growth to slow down to 6.5% from FY23 onward.<\/li><li>Fitch puts FY 23-26 growth at 6.5 percent.<\/li><li>This is well below pre-pandemic path even after crisis subsides.<\/li><li>FY21 growth maintained at -9.4 percent, FY22 at 11 percent.<\/li><li>It is notable that forecast of a 9.4% contraction in the ongoing fiscal, higher than the -7.7% growth projected by the government in its first advance estimates of GDP.<\/li><\/ul>\n\n\n\n<p class=\"has-text-align-right wp-block-paragraph\"><strong>By &#8212; Pankaj Pandey.<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Link:<\/strong><br><a href=\"https:\/\/economictimes.indiatimes.com\/news\/economy\/indicators\/indias-medium-term-growth-to-slow-to-around-6-5-after-initial-rebound-fitch\/articleshow\/80263442.cms?from=mdr\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/economictimes.indiatimes.com\/news\/economy\/indicators\/indias-medium-term-growth-to-slow-to-around-6-5-after-initial-rebound-fitch\/articleshow\/80263442.cms?from=mdr<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Question : Which one of the following statement is correct regarding FITCH growth projections released on January 2021 ?(a) Fitch puts FY 23-26 growth at 6.5 percent(b) Fitch puts FY 23-26 growth at 6.5 percent(c) Fitch puts FY 23-26 growth at 6.5 percent(d) Fitch puts FY 23-26 growth at 6.5 percentAns.(a)Related facts FITCH growth projections [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":107957,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1089],"tags":[2338],"class_list":["post-107956","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-enew","tag-economics"],"_links":{"self":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts\/107956","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/comments?post=107956"}],"version-history":[{"count":2,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts\/107956\/revisions"}],"predecessor-version":[{"id":107991,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts\/107956\/revisions\/107991"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/media\/107957"}],"wp:attachment":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/media?parent=107956"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/categories?post=107956"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/tags?post=107956"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}