India's GDP expected to grow by 11% in FY22: Crisil
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Addressing the media in a webinar, Crisil's Chief Economist DK Joshi said while the COVID-19 pandemic's stubborn hold remains a potential risk, growth is expected to be more broad-based in the second half of FY22.
India's gross domestic product (GDP) is expected to grow by 11 percent in 2021-22 (FY22), ratings agency Crisil said on March 9 in one of the most optimistic GDP forecasts for the coming fiscal by any agency.
Addressing the media in a webinar, Crisil's Chief Economist DK Joshi said that while the COVID-19 pandemic's stubborn hold remains a potential risk, growth is expected to be more broad-based in the second half of FY22. He said by the second half of the coming year, economic growth should reach pre-pandemic levels.
