The World Bank today projected India’s GDP growth at 7.3 per cent for the next financial year and accelerates further to 7.5 per cent in 2019-20. The World Bank’s biannual publication, India Development Update: India’s Growth Story, expects the economy to clock a growth rate of 6.7 per cent in the current fiscal ending March 31. The report, however, observed that a growth of over 8 per cent will require “continued reform and a widening of their scope” aimed at resolving issues related to credit and investment, and enhancing competitiveness of exports.
World Bank projects India’s FY19 GDP growth at 7.3 per cent
Date posted: Friday 16 March 2018
Tags: Featured, Indian Economy