As per the Ratings agency ICRA, what is the estimated real GDP Growth of India in FY 2022?
The Ratings agency ICRA has maintained its forecast of a 9.0% GDP expansion for India in FY2022. It maintained that a K-shaped divergence will be seen amongst the formal and informal sectors of the economy. The ratings agency also expects the economy to maintain a similar 9.0% growth in the next fiscal year FY2023.
