Focus Merit

Fitch Solutions drops India GDP growth forecast to 4.6% for FY21


  • Fitch Solutions on 30th March cut its measure for India’s GDP growth in the fiscal starting April 1 to 4.6 percent due to coronavirus outbreak, resulting in economies around the globe.
  • The growth approximate for 2020-21 fiscal (April 2020 to March 2021) compares with a 9 per cent forecast in the current 2019-20.