Economy GDP growth may see marginal uptick in FY21 at 5.5%: India Ratings and Research Updated : January 22, 2020 02:23 PM IST Ind-Ra believes a strong policy push coupled with some heavy lifting by the government is required to revive the domestic demand cycle and catapult the economy back into a high growth phase. Ind-Ra believes the government will have to construct the FY21 budget in a way that expenditure is rationalised and prioritised and all avenues of revenue generation are tapped. With some breakthrough in the US-China trade talks, Ind-Ra says the external environment to improve somewhat in FY21. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.