India’s GDP Growth Forecast FY 21 and 22 by various Financial Organizations

India’s GDP Growth Forecast FY 2021 and 2022 various Financial Organizations (Last Update-13 Jan 2022) 

Here we are providing the list of the organization who have forecast India’s GDP (Gross domestic Product) for the Financial Year 2020 and FY 2021. GDP Forecast is one of the most important topic for in Competitive exams. GDP Forecast questions asked in GA/GK Section. You can check the GDP Forecast from the below table.

Organization 2020-21 FY 22 (2021-22)
Fitch (-)9.4% (Update-8 Dec) 8.7% (Update 7 Oct)
HSBC Bank 11.2%
RBI forecasted (-)7.5%(Update-4 Dec) 9.5% (Update 5 june)
Moody (-)7%(Update-25feb) FY22 at 9.3% and FY23 at 7.9%

(Update 23 Nov)

Asian Development Bank (ADB) (-)8%(Update-15 Dec) 9.7% (Update 16 Dec)

2022-7.5%

World Bank  (-)9.6%(Update-6 Oct) 8.3% (Update -11 Jan 2022)
World Economic Outlook released by International Monetary Fund (IMF) (-)8% (Update-27th Jan 2021) 9.5%(Update -28 July 2021)
FICCI (-)8% (Update 27Jan) 9.1% (Update -8Oct 2021)
Organisation for Economic Co-operation and Development (OECD) (-)9.9% (Update-2dec) 9.7% (Update 21 sept 2021)
DBS Bank (-)6% (Update 22 July)
Goldman Sachs (-)10.3% (Update 18 Nov) 9.1% (Update 23 Nov 2021)
CRISIL (-)7.7%(Update 15 Dec) 9.5% (Update 7th June)
UN (United Nation) (-)9.6%(Update 26th Jan 2021) 7.5%(Update 12 May)
Confederation of Indian Industry (CII) between (-)0.9 per cent and 1.5 per cent 9.5% (update 18 June)
India Ratings & Research (Ind-Ra) (-)7.6% 9.3% (Update 5 Jan 2022))
Economy Survey (-)7.7 11% (Update 1 feb)
National Council of Applied Economic Research (NCAER) (-)7.3%(Update-26 Dec)
Standard & Poor’s (S&P) (-)7.7% Update-14 Dec) 9.5% (Update 25 June)
ICRA (-)7% (Update-26 feb) 9%(Update 27th Sept)
State Bank of India (SBI) (-)7(Update-11 Feb) 9.5% (Update  10 Jan,2022)
Morgan Stanley  10.5% (Update 1 sept2021)
CARE Ratings (-)8% (Update-14 sept) 8.8 to 9%%(Update 27 July 2021)
Normura -6.7% (Update-14th Jan 2021) 10.8% (Update 11 May 2021)
Oxford Economics 10.2%
Brickwork Ratings 11% (Update 12 Jan)
UBS -7.5%  (Update-14 Jan 2021)  9.1% (Update 13 Jan 2022)
National Statistical Office (NSO)   9.2% (6 Jan 2022)
Barclays   7.7% (Update 26May 2021)

 

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