Ind-Ra projected India’s GDP 9.4% in FY22

The rating agency, India Ratings and Research (Ind-Ra) expects India’s Gross Domestic Product (GDP) in the Second Quarter of Financial Year-2022 (Q2 FY22) at 3%and in FY22 at 9.4%.

Workplace mobility in Q1 FY22 was 26% lower than the baseline and 16% lower year-on-year than the baseline at The government’s capital expenditure (capex) grew 51.9% in Q2 FY22 as against 26.3% in Q2 FY21.