Business Ind-Ra downgrades FY20 GDP growth projection by 0.2% to 7.3% Updated : April 30, 2019 04:42 PM IST The prediction of lower-than-normal monsoon for 2019 and the continued agrarian distress has been cited as one of the reasons for revised projection. 'Inability to bring the stuck capital back into the production process will have implications for investment recovery'. Ind-Ra predicts. 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.