India’s Economy To Grow 7.5% By 2020: OECD Report 

As per the Organisation for Economic Co-operation and Development’s (OECD) Economic Outlook, India’s economic growth will regain strength and approach 7.5% by 2020 buoyed by rural consumption and subdued inflation.

As per the report, Gross domestic product (GDP) growth in India is projected to strengthen to close to 7.25% in FY19. This growth will come from higher domestic demand due to improved financial conditions, fiscal and quasi-fiscal stimulus, including new income support measures for rural farmers, and recent structural reforms.

Source- The Economic Times

Find More Ranks and Reports Here

हिंदी में पढ़े

×

Download success!

Thanks for downloading the guide. For similar guides, free study material, quizzes, videos and job alerts you can download the Adda247 app from play store.

[adda247_lead_form]

Leave a comment

Your email address will not be published. Required fields are marked *