India’s real GDP is likely to maintain a 9% growth rate in FY22 and FY23, amid concerns over the Omicron variant of the coronavirus, a report said. The Indian economy grew at 8.4% in Q2 of the fiscal, as against a growth of 20.1% in April-June. “We are maintaining our forecast of a 9% GDP expansion in FY22. We expect the economy to maintain a similar 9% growth in FY23,” said Aditi Nayar, chief economist, Icra.