India Ratings estimated India GDP Growth at 6.9% in FY19

India Ratings estimated India GDP Growth at 6.9% in FY19
India Ratings estimated India GDP Growth at 6.9% in FY19

India Ratings estimated India GDP Growth at 6.9% in FY19

According to the India Ratings and Research Pvt. Ltd. a rating agency estimated India GDP Growth at 6.9% in FY19 as against 7%, marginally lower than CSO’s advance estimate of 7%. The GDP growth was 7.2% during 2017-18.

"Ind-Ra expects FY19 GDP growth to be 6.9 percent as against the 2018-19 advance estimate of 7 percent," the ratings agency said.

The Central Statistics Office will be releasing India's GDP growth data for January-March 2019 and provisional annual estimates for 2018-19 on May 31.

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