RBI retains GDP growth projection at 10.5% for FY 2021-22

The Reserve Bank of India retained the economic growth projection for the current financial year at 10.5 per cent, while cautioning that the recent surge in Cocid-19 infections has created uncertainty over the economic growth recovery. RBI Governor Shaktikanta Das said the recent surge in COVID-19 infections adds uncertainty to the domestic growth outlook amidst tightening of restrictions by some state governments. “The projection of real GDP growth for 2021-22 is retained at 10.5 per cent consisting of 26.2 per cent in Q1, 8.3 per cent in Q2, 5.4 per cent in Q3 and 6.2 per cent in Q4,” said Das. Watch the full video for more.