Ind-Ra Current Affairs, GK & News

IndRa: Cost of vaccinating India’s population above 18 years 0.36% of GDP

The India Ratings and Research (Ind-Ra) recently said the estimated cost to vaccinate all the Indians of age 18 years will be Rs 67,193 crores. This is 0.36% of the GDP of the country. Key Findings The GoI recently announced the Liberalised and Accelerated Phase 3 strategy of COVID-19 vaccine. According to the new strategy, ..

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Ind-Ra pegs Estimated Fiscal Deficit at 7.6% for FY 2020-2021

The fiscal deficit of the government of India will touch 7.6 per cent in the Financial Year 2020-2021 as per the credit rating agency Ind-Ra. This is double the budget estimates made by the central government for this year. The reasons assigned for this are shortfall in revenue collection due to COVID 19 pandemic around ..

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Ind-Ra estimates 5.5 Percent GDP Growth Rate for FY 21

The Mumbai headquartered India Ratings and Research (Ind-Ra) has estimated that the gross domestic product (GDP) of India to grow at 5.5 percent in FY21. The rating agency also hoped that the growth would improve in 2021 but the country’s economy is stuck in a low consumption-low investment phase. It observed that the shortfall in ..

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Ind-Ra lowers India’s GDP growth forecast in 2019-20 to 6.1% from 6.7% in August 2019

India Ratings and Research (Ind-Ra), a part of Fitch group has lowered India’s gross domestic product (GDP) forecast for financial year (FY) 2019-20 to 6.1%. This was second downgrade in the last two months. Earlier in August 2019, Ind-Ra had revised GDP growth estimate to 6.7% from its earlier forecast of 7.3%. It has cited ..

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