Categories: Economy

ADB Projects GDP of India at -8% in 2020

The Asian Development Bank (ADB) has projected India’s economy to contract 8 per cent in 2020, as against (-)9.0 per cent previously forecast. In its latest Asian Development Outlook report released on 10 December 2020, ADB also expects the GDP of India to bounce back with growth of 8.0 per cent in 2021.

WARRIOR 4.0 | Banking Awareness Batch for SBI, RRB, RBI and IBPS Exams | Bilingual | Live Class

Find More News on Economy Here

AddThis Website Tools
Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.

Recent Posts

List of Former Governors of Haryana (1966-2025)

Since its establishment in 1966, Haryana has been guided by a succession of governors who…

4 hours ago

In Which State/ Union Territory is Kishtwar National Park Located?

India has many beautiful national parks that protect wildlife and nature. These parks are found…

5 hours ago

List of Countries Starting with Letter E, Know About Them

There are around 195 countries in the world, each with its own name, flag, language…

7 hours ago

Top 10 Highest Paid Actors In The World

In the modern entertainment world, actors are no longer just performers—they are powerful global brands.…

7 hours ago

Top 10 Countries for Millionaire Migration in 2025

A major shift is underway in how global wealth is moving. In 2025, according to…

8 hours ago

Which District of Uttarakhand is Known as the Mini Kashmir? Know About It

Uttarakhand is a beautiful state in northern India, known for its peaceful mountains, rivers, forests…

8 hours ago