OECD cuts India's growth forecast for 2021-22 to 9.9% from 12.6%

The Organisation for Economic Co-operation and Development (OECD) has cut its growth projection for India for 2021-22 to 9.9% from its previous estimate of 12.6%. OECD added that India is projected to be the fastest-growing G20 economy in 2021. However, it also said that the country will be the furthest away from its pre-crisis GDP trend.