Economy Moody’s cuts India’s 2019 GDP growth forecast to 5.6% citing prolonged slowdown Updated : November 15, 2019 08:56 AM IST Moody’s lowers India’s GDP growth forecast to 5.6 percent in 2019, from 7.4 percent in 2018. The rating agency expects economic activity to pick up in 2020 and 2021 to 6.6 percent and 6.7 percent. 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.