The Asian Development Bank Wednesday cut India’s gross domestic product (GDP) growth forecast to 10% for FY21, from 11% projected in April, on account of disruptions due to the second wave. The Manila-based multilateral funding agency ADB has predicted the GDP growth for fiscal 2022-23 (FY23) to 7.5 percent.
Asian Development Bank cuts India’s GDP forecast for FY22 to 10%
