{"id":71136,"date":"2022-01-08T07:22:53","date_gmt":"2022-01-08T07:22:53","guid":{"rendered":"https:\/\/www.gkseries.com\/blog\/?p=71136"},"modified":"2022-09-15T11:39:37","modified_gmt":"2022-09-15T06:09:37","slug":"ind-ra-lowers-indias-gdp-growth-forecast-by-10-basis-points-to-9-3-in-fy22","status":"publish","type":"post","link":"https:\/\/www.gkseries.com\/blog\/ind-ra-lowers-indias-gdp-growth-forecast-by-10-basis-points-to-9-3-in-fy22\/","title":{"rendered":"Ind-Ra lowers India\u2019s GDP growth forecast by 10 basis points to 9.3% in FY22"},"content":{"rendered":"\n<p>The ratings agency India Ratings and Research (Ind-Ra) has downgraded the GDP of India for the current fiscal FY 2021-2022.<\/p>\n\n\n\n<p>For the entire FY22, the GDP is expected to clock a growth rate of 9.3% y-o-y, 10bps lower than our earlier estimate of 9.4%.&#8221; Meanwhile, Brickworks Ratings has also revised India\u2019s GDP growth forecast for the current fiscal (FY22) to 8.5-9%. Earlier this was estimated at 10%. The rapid spread of the Omicron variant is the main driver to downgrade GDP growth projections.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The ratings agency India Ratings and Research (Ind-Ra) has downgraded the GDP of India for the current fiscal FY 2021-2022. For the entire FY22, the GDP is expected to clock a growth rate of 9.3% y-o-y, 10bps lower than our earlier estimate of 9.4%.&#8221; Meanwhile, Brickworks Ratings has also revised India\u2019s GDP growth forecast for [&hellip;]<\/p>\n","protected":false},"author":894,"featured_media":71141,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2794],"tags":[82,1424],"offerexpiration":[],"class_list":["post-71136","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-current-affairs-january-2022","tag-economy-current-affairs","tag-gdp-growth"],"_links":{"self":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/71136","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/users\/894"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/comments?post=71136"}],"version-history":[{"count":1,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/71136\/revisions"}],"predecessor-version":[{"id":71144,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/71136\/revisions\/71144"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media\/71141"}],"wp:attachment":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media?parent=71136"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/categories?post=71136"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/tags?post=71136"},{"taxonomy":"offerexpiration","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/offerexpiration?post=71136"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}