Moody's projects 11.5% contraction in India's economic growth in FY212 min read . Updated: 11 Sep 2020, 04:40 PM IST
India's policymaking institutions have struggled to mitigate, contain risks exacerbated by Covid-19, says the ratings agency
New Delhi: Ratings agency Moody's on Friday projected 11.5% contraction in India's economic growth in the current fiscal owing to coronvirus pandemic, from (-) 4 per cent estimated earlier.
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