Tag Archives: IMF forecasts India’s growth rate to jump to 12.5% in 2021

IMF forecasts India’s growth rate to jump to 12.5% in 2021

The IMF forecasted an ambitious 12.5% growth rate for India in 2021, higher than China, the only major economy with a positive growth rate last year during the COVID-19 pandemic. In its annual World Economic Outlook, released ahead of the World Bank’s annual spring meeting, the Washington-based global financial institution predicted that the Indian economy […]