Fitch Ratings Inc. in its June 2020 update of Global Economic Outlook, has lowered India's growth forecast for FY 2021-22 to what percent from 9.5 % projected in may 2020?

Fitch Ratings Inc. in its June 2020 update of Global Economic Outlook,

1.	Fitch Ratings Inc. in its June 2020 update of Global Economic Outlook, has lowered India's growth forecast for FY 2021-22 to what percent from 9.5 % projected in may 2020?
Answer» Fitch Ratings Inc., an American credit rating agency in its June 2020 update of Global Economic Outlook (GEO), has lowered India's growth forecast for FY 2021-22 to 8% from 9.5 % projected in may 2020 due to the toughest lockdown imposed by the central government to prevent the outbreak of Coronavirus (COVID-19). However, Fitch has not made any change in its previous estimate of a - 5% in the economy during the current financial year (FY 2020-21).