{"id":124050,"date":"2021-10-08T14:10:41","date_gmt":"2021-10-08T14:10:41","guid":{"rendered":"https:\/\/www.edristi.in\/?p=124050"},"modified":"2021-10-08T14:10:42","modified_gmt":"2021-10-08T14:10:42","slug":"fitch-cuts-indias-fy22-gdp","status":"publish","type":"post","link":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/fitch-cuts-indias-fy22-gdp\/","title":{"rendered":"Fitch cuts India&#8217;s FY22 GDP"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>Question: What is the new growth rate of Indian GDP as per the fitch rating agency for financial year 2021-22?<\/strong><br>a) 10%<br>b) 8%<br>c) 8.7%<br>d) None of the above<br><strong>Ans: c<br>Related Facts<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Fitch Ratings in its latest report has cut India&#8217;s economic growth forecast to 8.7% for FY22.<\/li><li>Fitch has also raised GDP growth projection for FY23 to 10 per cent.<\/li><li>As per Fitch COVID-19 wave delayed rather than derail the economic recovery.<\/li><li>Fitch Ratings said India&#8217;s &#8216;BBB-\/Negative&#8217; sovereign rating &#8220;balances a still-strong medium-term growth outlook.<\/li><li>As per Fitch the Negative&#8217; outlook, reflects uncertainty over the debt trajectory following the sharp deterioration in India&#8217;s public finances due to the pandemic shock.<\/li><li>The projections for 2021-22 fiscal compares to a contraction of 7.3 per cent recorded in the last financial year and a 4 per cent growth in 2019-20.<\/li><\/ul>\n\n\n\n<p class=\"has-text-align-right wp-block-paragraph\"><strong>By Kameshwar shukla<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Reference: <\/strong><a href=\"https:\/\/www.business-standard.com\/article\/economy-policy\/fitch-cuts-india-s-fy22-gdp-forecast-to-8-7-but-pegs-fy23-growth-at-10-121100700896_1.html\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/www.business-standard.com\/article\/economy-policy\/fitch-cuts-india-s-fy22-gdp-forecast-to-8-7-but-pegs-fy23-growth-at-10-121100700896_1.html<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Question: What is the new growth rate of Indian GDP as per the fitch rating agency for financial year 2021-22?a) 10%b) 8%c) 8.7%d) None of the aboveAns: cRelated Facts Fitch Ratings in its latest report has cut India&#8217;s economic growth forecast to 8.7% for FY22. Fitch has also raised GDP growth projection for FY23 to [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":124051,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1089],"tags":[2338],"class_list":["post-124050","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\/124050","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=124050"}],"version-history":[{"count":1,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts\/124050\/revisions"}],"predecessor-version":[{"id":124052,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts\/124050\/revisions\/124052"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/media\/124051"}],"wp:attachment":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/media?parent=124050"}],"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=124050"},{"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=124050"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}