S&P Global Ratings , an American credit rating agency, has projected India's GDP growth for the current fiscal year FY 21 to contract by how much percent from 1.8 % growth projected in April 2020?

S&P Global Ratings , an American credit rating agency, has projected India's GDP growth for the current fiscal year FY 21 to contract by 5 % from 1.8 % growth projected in April 2020, due to the lockdown imposed for the prevention of the coronavirus pandemic, which severely affected economic activity in the country.