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India's Growth Estimate Cut Down By 0.4% For The Year 2022 | Latest News Updates
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March 17, 2022
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1:58Now PlayingIn the latest developments concerning the Growth rate of India, Moody's corporation has cut the estimated growth rate by 0.4%. The growth rate, which was earlier believed to be 9.5% has now been cut down to 9.1%. Moody has cited high fuel and fertilizer import bills could limit the capital expenditure of the government. However, the government has released data that shows that it is well equipped to sustain all the negativities and handle all the economic pressure. Moody's has taken a lot of factors under consideration and these findings are based on all the changes that have been experienced over the past few months.
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