![UBS predicts India’s GDP at -10.5% for FY21 GDP](https://focusmerit.com/wp-content/uploads/2020/09/GDP-300x205.jpg)
- The UBS has projected India’s real GDP to decline 10.5% in FY21, in its Global Economics & Markets Outlook 2021-2022 report.
- For the fiscal 2021-22 (FY22) UBS assumes India’s real GDP growth to rebound to +10% in FY22. UBS also estimates India’s GDP to stabilize at 6.2 percent YoY in FY23.