Thursday, 20 July 2017

India on track to grow at 7.4 per cent in 2017: ADB report

According, to Asian Development Bank supplement report India is expected to achieve the projected growth rate of 7.4 per cent in 2017 and further up to 7.6 per cent next year on strong consumption demand, with South Asia leading the growth chart in Asia and the Pacific.

According to the report, South Asia will be the fastest growing of all sub-regions in Asia and the Pacific, with growth on track to meet original projections of 7 per cent in 2017 and 7.2 per cent in 2018.

Important Takeaways from Above News-
  • Headquarter of ADB is in Manila, Philippines.
  • President of Asian Development Bank is Takehiko Nakao.
Source- The Hindu

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