Moody’s projects India’s growth estimates to 9.5% in CY2022

Rating agency Moody’s has revised the economic growth estimates of India for Calendar Year (CY) 2022 and CY2023, in its Global Macro Outlook 2022-23, as follows:

• CY2022- 9.5 percent (Earlier it was 7 percent) 
• CY2023 – 5.5 percent