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-26th Feb 2021) 

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) 11%
HSBC Bank 11.2%
RBI forecasted (-)7.5%(Update-4 Dec) 10.5 (Update 5 feb)
Moody (-)7%(Update-25feb) 13.7%
Asian Development Bank (ADB) (-)8%(Update-15 Dec)
World Bank  (-)9.6%(Update-6 Oct) 5.4% (Update -7Jan 2021)
World Economic Outlook released by International Monetary Fund (IMF) (-)8% (Update-27th Jan 2021) 11.5%
FICCI (-)8% (Update 27Jan)
Organisation for Economic Co-operation and Development (OECD) (-)9.9% (Update-2dec)
DBS Bank (-)6% (Update 22 July)
Goldman Sachs (-)10.3% (Update 18 Nov)
CRISIL (-)7.7%(Update 15 Dec)
UN (United Nation) (-)9.6%(Update 26th Jan 2021) 7.3%
Confederation of Indian Industry (CII) between (-)0.9 per cent and 1.5 per cent
India Ratings & Research (-)11.8% (Update-8 Sep) 10.4%
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) 10% (Update 20 Feb)
ICRA (-)7% (Update-26 feb) 10.5%
State Bank of India (SBI) (-)7(Update-11 Feb) 11%
UBC (Updated 23 March 2020) 4%
CARE Ratings (-)8% (Update-14 sept)
Normura -6.7% (Update-14th Jan 2021) 13.5%
National Statistical Officer 7.7% (Update 8Jan,2021)
Brickwork Ratings 11% (Update 12 Jan)
UBS -7.5%  (Update-14 Jan 2021)  11.5%

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