GDP growth in the current FY was estimated to be in double digits initially, but second Covid wave has led to various agencies cut growth projections
SBI economist said that the real GDP for FY22 will be “slightly higher” than those in FY20, and called it a 'W-shaped' recovery with two troughs
One likely consequence of any upward revision in FY21 estimates is a concomitant decline in FY22 GDP estimates
The economic growth may slip further to 8.2 per cent in the severe situation when the second wave of the pandemic peaks by June-end
The ongoing mobility curbs coupled with fears of extension of curfews and lockdowns have compelled economists to downgrade their GDP forecast for the