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Biden promete «actuar a lo grande» en economía para superar la crisis

Biden promete «actuar a lo grande» en economía para superar la crisis
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GDP growth: Real GDP to grow at 11 per cent in FY22: Report

Synopsis The report said the economy is likely to witness positive growth in H2FY21, though some sectors will continue to record staggered recovery due to social distancing norms. The agency expects the industrial sector to grow at 11.5 per cent and services sector to rise by 11 to 12 per cent in the next financial year. The country s real gross domestic product (GDP) is likely to expand by 11 per cent in the next financial year due to a faster economic recovery and on a low base, says a report. The report by domestic rating agency Brickwork Ratings said economic activities are slowly reaching pre-COVID levels following the relaxation of the lockdown, except in sectors that remain affected by social distancing norms.

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