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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

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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.

Topics : Coronavirus Lockdown Indian Economy GDP forecast GDP growth Gross domestic product

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