Current Affairs Economy & Banking

GDP To Be A Tad Higher To 7.5% In FY20: India Ratings

Category : Economy & Banking

 India Ratings and Research (Ind-Ra), a Fitch Group Company, estimated India’s GDP growth could touch 7.5 % in the financial year 2019-20 as against 7.2 % during current fiscal i.e. 2018-19. India Ratings believes investments are slowly but steadily gaining traction with gross fixed capital formation growing 12.2 % in FY19 and projected to clock 10.3 % in FY20.

Source: The Hindu Business Line


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