Government deficit is estimated to be 11.8 percent of GDP.
The most important reason for weak economic growth is debt burden and weak financial system. At the same time, Moody’s has made the recent cuts because the whole country is struggling with the corona virus infection. The second wave of Corona virus has made the country’s health system helpless.
New Delhi. Rating agency Moody’s Sometime back India’s GDP growth (GDP Growth) Was assessed to be 13.7 percent. Now moodies has financial year 2021-22 In India Of GDP Growth Estimate of Minus gave is. Moodies has Now him 9.3 Percent Tax gave is. Moodies has mine Report In said is That Close Future In in this Change Of someone Chance No is. Rating The agency Of accept is That condition Of Years In Economy Of Growth Weak Will remain With which India Of Growth Of Quality In Too The fall Will come. Moodies has this Too said is That Economic Growth Of Odds Of The reason From India Of The credit Profile On continuously Pressure Made up happen is.
Here is the big reason for reducing the estimate
Weak Economic Growth Of from all Vital The reason debt Of burden And Weak Financial The system is. Moodies has said That India Of PolicyMakers this Difficult From The exit Of Try In Be engaged Huh. Moodies has Recent Deduction so Of is Because whole country Corona virus Infection Of Difficult From Struggling Stayed is. Corona virus Of The second Wave From country Of Health the arrangement Helpless Ho Has gone is. country In last 17 Days From continuously every day 4 lakh nearby Infection Of new The cases Front come are Huh.
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The official debt Of burden GDP Of 90 Percent Stay can is
Moodies has Fiscal Year 2023 Of for Growth Of Forecast Enhanced 7.9 Percent Tax gave is, while first 6.2 Percent Living Of an estimate Expressed Was Long Term Real GDP Growth 6 Percent Stay Can is. Tired Growth And Inflation rate Grow up Of cause Moodies has an estimate Expressed is That Fiscal Year 2022 In The official debt Of burden GDP Of 90 Percent Stay can is. Fiscal Year 2023 In this 90.8 Percent Stay can is.
The official Loss GDP Of 11.8 Percent Living Of an estimate
Fiscal Year 2022 In The official Loss GDP Of 11.8 Percent Living Of an estimate Expressed is. first Its 10.8 Percent Living Of an estimate Was Fiscal Year 2022 In Inflation rate 4.8 Percent Living Of an estimate Expressed Was Right there Fiscal Year 2023 In this 4 Percent Stay Can is.