17 April 2018

World Bank Projects India’s Growth Rate at 7.3% for 2018-19

World Bank Projects India’s Growth Rate at 7.3% for 2018-19


The World Bank has projected a growth rate of 7.3% for India this year and 7.5% for 2019 and 2020. The bank also noted that Indian economy has recovered from the effects of demonetisation and the Goods and Services Tax.

The World Bank in its twice-a-year South Asia Economic Focus report in Washington stated that growth is expected to accelerate from 6.7% in 2017 to 7.3% in 2018 and to subsequently stabilise supported by a sustained recovery in private investment and private consumption.

Source- World AIR Service

Static/Current Takeaways Important for NABARD Grade-A Exam 2018-
  • President of the World Bank- Jim Yong Kim.
  • Headquarters of World Bank: Washington, DC.

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