Indian economy showing bounce back. Is the Indian economy back on track?

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Is the Indian economy back on track?

Where are we heading-
●What will be the GDP growth rate in the second quarter of the financial year 2022? Different institutions, organizations, and rating agencies have estimated different rates for India’s GDP growth.

●As per the Economic Times–ET polls, the estimated GDP rate ranges from 6.5-9.9 percent, with an average growth rate of 8.3 percent. While HDFC keeps it at 6.5 percent, Barclays pegs it at 9.9 percent. SBI, ICRA, Deutsche Bank, India Rating, and CARE estimate it at 7.3-7.5 percent, 7.7 percent, 8 percent, 8.26 percent, and 8-9 percent, respectively. However, the actual numbers for FY22Q2 will be released at the end of the month.




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