HomeNewsEconomyInd-Ra projected India’s GDP 9.4% in FY22

Ind-Ra projected India’s GDP 9.4% in FY22

Ind-Ra projected India’s GDP 9.4% in FY22- India Ratings and Research (Ind-Ra) has estimated India’s Gross Domestic Product (GDP) in the Second Quarter of Financial Year-2022 (Q2 FY22) at 3% and in FY22 at 9.4%.

  • GDP in Q1 FY22 was estimated at 26 per cent lower than the baseline and 16% lower year-on-year than the baseline at The government’s capital expenditure (capex) increased 51.9% in Q2 FY22 as against 26.3% in Q2 FY21.

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