India’s economy to grow 6.5 percent in medium term after initial rebound: Fitch
Updated : January 14, 2021 01:39 PM IST
Fitch expects India’s medium-term growth to be around 6.5 percent a year from FY 2023 to FY 2026.
The slowdown has been mainly attributed to the stringent lockdown measures and limited direct fiscal support.
The GDP will witness a rebound the following year with an expected growth of 11 percent in FY 2022.