scorecardresearchBank of Baroda sees FY22 GDP growth at 9.2%; Moody's cut forecast to 8.8%

Bank of Baroda sees FY22 GDP growth at 9.2%; Moody's cut forecast to 8.8%

Updated: 26 May 2022, 03:17 PM IST
TL;DR.
As per the government's advance estimates, the gross domestic product (GDP) in FY22 is projected to grow by 8.9 percent with the Q4FY22 GDP growth kept at 4.8 percent.
While GDP growth dimmed, total gross GST collections grew at a three-month high of 17.6 percent year-on-year to  <span class='webrupee'>₹</span>1.33 lakh crore in February 2022.

While GDP growth dimmed, total gross GST collections grew at a three-month high of 17.6 percent year-on-year to 1.33 lakh crore in February 2022.