Rating agency Icra said that the real growth rate of the country's gross domestic product (GDP) is estimated to be 9 percent in the financial year 2021-22 and the next financial year 2022-23. Domestic rating agency Icra has said this in a report released on Tuesday.
The rating agency has said in its report that despite concerns about Omicron, the new form of Kovid-19, the growth rate of the Indian economy is expected to remain high. The agency said that in the second quarter (July-September) of the financial year 2021-22, the economic growth rate has been 8.4 percent, while in the first quarter (April-June) of the current financial year, the economy grew at the rate of 20.1 percent.
ICRA Chief Economist Aditi Nair said in a report released that we stick to our forecast of 9 per cent growth in FY 2021-22 with a clear 'K' shape revival between the organized and unorganized sectors of the economy. Is. He said that 'K' shaped revival refers to different levels of revival in different sectors of the economy after the slowdown. Nair said that in the next financial year 2022-23 also, the Indian economy will grow at the rate of 9 percent.