The International Monetary Fund (IMF) has projected that Indian economy will experience a sharp contraction of 4.55% in Fiscal Year 2021, as compared to that of 1.9% expansion projected in the month of April 2020. The international organization has called this a “historic low” for India. The contraction in the Indian economy will be due to the the COVID-19 pandemic.
IMF has forecasted that Indian economy will recover in the fiscal year 2022 with a growth rate of 6%. These projections has been stated by IMF in its latest World Economic Outlook titled “A Crisis like No Other, An Uncertain Outlook“.
Weekly Current Affairs One-Liners Current Affairs 2026 plays a very important role in competitive examinations…
Countdown for the most exciting sports tournament in the world has officially begun. Fans across…
India delivered the exceptional performance at the Asian Boxing U15 Championships 2026 and finished with…
As President of United States Donald Trump paid visit to China few days ago, both…
Indian Institute of Tropical Meteorology (IITM) Pune has launched a dedicated startup incubation centre which…
Centre has launched the ₹189.79 crore Mizoram Ginger Mission. This initiative aims to transform the…