{"id":86246,"date":"2019-08-29T18:07:47","date_gmt":"2019-08-29T12:37:47","guid":{"rendered":"http:\/\/factly.forumias.com\/?p=9651"},"modified":"2019-08-29T18:07:47","modified_gmt":"2019-08-29T12:37:47","slug":"ind-ra-cuts-gdp-growth-forecast-in-fy20-to-6-7","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/ind-ra-cuts-gdp-growth-forecast-in-fy20-to-6-7\/","title":{"rendered":"Ind-Ra cuts GDP growth forecast in FY20 to 6.7%"},"content":{"rendered":"\n<ol class=\"wp-block-list\"><li>India Ratings and Research has revised downwards\nits projection of the country\u2019s GDP growth in financial year 2019-20 to 6.7% from\nan earlier estimate of 7.3%<\/li><li>The reasons cited for lowering the growth\nprojection are a) a slowdown in consumption demand; b) delayed and uneven\nprogress of monsoon so far; c) decline in manufacturing growth; d) inability of\nInsolvency and Bankruptcy Code to resolve cases in a time-bound manner, and e) rising\nglobal trade tension adversely impacting exports.<\/li><li>Recently, the Moody&#8217;s Investors Service has also\ncut the GDP growth forecast for the current financial year to 6.2% from the\nprevious estimation of 6.8%.<\/li><\/ol>\n","protected":false},"excerpt":{"rendered":"<p>India Ratings and Research has revised downwards its projection of the country\u2019s GDP growth in financial year 2019-20 to 6.7% from an earlier estimate of 7.3% The reasons cited for lowering the growth projection are a) a slowdown in consumption demand; b) delayed and uneven progress of monsoon so far; c) decline in manufacturing growth;&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/ind-ra-cuts-gdp-growth-forecast-in-fy20-to-6-7\/\">Continue reading <span class=\"screen-reader-text\">Ind-Ra cuts GDP growth forecast in FY20 to 6.7%<\/span><\/a><\/p>\n","protected":false},"author":61,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[3127],"tags":[3526],"class_list":["post-86246","post","type-post","status-publish","format-standard","hentry","category-economy","tag-gdp-growth-rate","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":"","cached_date":1704732225},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/86246","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/61"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=86246"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/86246\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=86246"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=86246"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=86246"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}