The development was projected on a low base of 24.4 per cent contraction within the gross home product in This autumn of the earlier monetary 12 months.

Topics
GDP | financial development | GDP development

Economists have pegged financial development within the vary of 14 per cent to 23 per cent for the primary quarter of the present monetary 12 months.


The development was projected on a low base of 24.4 per cent contraction within the gross home product in This autumn of the earlier monetary 12 months.



This implies that financial development must be greater than 24.4 per cent to ensure that the GDP at fixed worth in Q1 of FY’22 to equal that of FY’20. The projections fall wanting that quantity. The knowledge will likely be launched on Tuesday.














GDP development in % y-o-y


Brickwork Ratings


14


CARE Ratings


14.1-14.3


India Ratings


15.3


Pronab Sen


17-18


Deloitte India


17.7-21.8


SBI Group


18.5


CRISIL

19

ICRA


20


RBI

21

PwC India


20-20.5


QuantEco Research


23


.

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First Published: Mon, August 30 2021. 17:38 IST



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