Meaningful economic recovery not in sight until FY23: Ind-Ra
Feb 12, 2021
New Delhi [India], February 12 : Although economic recovery in coming financial year beginning April 1 (FY22) on a year-on-year basis will be V-shaped, the size of GDP will barely surpass the level attained in 2019-20 (FY20) and be 10.6 per cent lower than trend value, according to India Ratings and Research (Ind-Ra).