The National Council of Applied Economic Research (NCAER) has projected the GDP development for the Indian economic system at -12.6% For 2020-21 (FY21) with the remaining three quarters anticipated to witness a fall. For 2021-22, NCAER initiatives the GDP of India to develop by 7%.
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Important takeaways for all aggressive exams:
- National Council of Applied Economic Research Headquarters location: New Delhi.
- National Council of Applied Economic Research Founded: 1956.