India's FY22 GDP expected to grow at 10-10.5%: Brickwork Ratings
Zee News
According to the ratings agency, Q2FY22 GDP is expected to grow at 8.3 per cent year-on-year on the back of a faster-than-expected revival in economic activities as well as a decline in new Covid cases, leading to sustained improvement in growth prospects.
New Delhi: India's FY22 GDP is expected to grow at 10-10.5 per cent on a year-on-year basis, Brickwork Ratings said.
According to the ratings agency, Q2FY22 GDP is expected to grow at 8.3 per cent year-on-year on the back of a faster-than-expected revival in economic activities as well as a decline in new Covid cases, leading to sustained improvement in growth prospects.
"Most states have already relaxed restrictions on economic activities; with the progress achieved in vaccinating a sizeable proportion of the population, economic activities are likely to gather momentum," the agency said in a statement.
