Covid-19 lockdown: FY21 GDP growth rate forecasts pose a big worry

However on the extreme ends, Bernstein pegged fall in the gross domestic product (GDP) at 7 per cent and Asian Development Bank projected GDP growth at 4 per cent

gdp, growth, forecast, profit, economy
Illustration: Binay Sinha
Agencies
1 min read Last Updated : May 29 2020 | 11:43 PM IST
Most agencies expect India's economic growth rate to contract 5 per cent in the current financial year. 

However on the extreme ends, Bernstein pegged fall in the gross domestic product (GDP) at 7 per cent and Asian Development Bank projected GDP growth at 4 per cent.


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Topics :CoronavirusLockdownIndian EconomyGDP forecastGDP growthGross domestic product

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