India's 2021 GDP growth forecast to come down to 10.2%: Oxford Economics
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Global forecasting firm Oxford Economics on Monday revised downwards its India GDP growth forecast for 2021 to10.2 percent from 11.8 percent previously, citing the country's escalating health burden, faltering vaccination rate, and lack of a convincing government strategy to contain the pandemic. The global forecasting firm added it expects GDP to contract sequentially in the second quarter.