CRISIL downgrades India verbalize forecast by half of to 1.8%

CRISIL downgrades India verbalize forecast by half of to 1.8%

Domestic rating agency Crisil said on Monday nearly halved its GDP forecast for India to 1.8 percent for 2020-21 while projecting total losses of Rs 10 lakh crore or Rs 7,000 per person due to “disastrous” lockdowns to control COVID-19 pandemic. The agency, which blamed the government response to the crisis to being measured and…

View More CRISIL downgrades India verbalize forecast by half of to 1.8%