Question
Moody's Investors Service has revised India's growth
estimate for 2022 to_______ from 7 per cent pegged in November 2022.Solution
Moody's Investors Service has raised India's economic growth estimate for 2023 to 5.5 per cent from 4.8 per cent pegged earlier, on the back of a sharp increase in capital expenditure in the Budget and a resilient economic momentum. It however revised downwards India's growth estimate for 2022 to 6.8 per cent from 7 per cent pegged in November 2022.
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