India’s Real GDP projected to grow at around 9.5% in FY22: SBI Ecowrap

The economic research team of the State Bank of India (SBI) released its Ecowrap report on January 08, 2022.

India’s gross domestic product (GDP) is expected to grow more than 9.5 % in FY21-22, according to SBI research report-Ecowrap. The economy registered an 8.4 % growth in the second quarter of the current fiscal (FY22), as per the data released by the National Statistical Office (NSO) on Tuesday, November 30. 

The report believes that though rising Covid infections could impact mobility, yet economic activity is not expected to get much affected.

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