THE GROWTH PROJECTIONS FOR INDIA WAS AGAIN REVISED TO 5.3% BY MOODY’S

Highlights

• Earlier it was 5.4%
• It was on account of Covid-19 outbreak

The growth projections for Indian economic growth were revised to 5.3% for 2020 by Moody’s Investors Service. Earlier it was projected to be 5.4%. The given revision has been made in less than a month. It has been done on the account of an extensive and prolonged slump. The Covid-19 outbreak has been held....