What is the current economic outlook of India?



What is the current economic outlook of India?

She currently heads the Client and Insights research team and regularly advises Deloitte India’s executive leadership on Indian economic outlook. The country’s outlook is positive, but policymakers have to do more to withstand risks from global financial systems, and stay vigilant. See something interesting?

What will be India’s GDP growth rate in 2021?

FocusEconomics panelists project GDP to expand 8.8% in FY 2021, which is unchanged from the previous month’s forecast. In FY 2022, our panel expects growth of 7.7%. 5 years of India economic forecasts for more than 30 economic indicators.

What is the future of India’s economy in 2022?

India is projected to be one of the world’s fastest-growing economies and is well-positioned relative to its peers based on their real economic growth in 2022. However, growth is likely to be lopsided as the contact-intensive services sector will bounce back with a lag.

What will be the economic outlook for FY 2022?

In FY 2022, economic growth should moderate but remain upbeat, supported by firm household spending and fixed investment growth. Uncertainty around the virus and frail fiscal metrics pose risks to the outlook. FocusEconomics panelists project GDP to expand 8.8% in FY 2021, which is unchanged from the previous month’s forecast.