The World Bank forecast a growth rate of 7.3 per cent for India this year and 7.5 per cent for 2019 and 2020, and noted that the country’s economy has recovered from the effects of demonetisation and the Goods and Services Tax. In its report the World Bank said, India should strive to accelerate investments and exports to take advantage of the recovery in global growth. If the internal bottlenecks are not alleviated, subdued private investment would put downside pressures on India’s potential growth.

(Financial Express)