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World Bank projects India to grow at 8.3 per cent in 2021

Sumit Arora Published On June 9th, 2021 Leave a comment

The World Bank has projected India’s economy to grow at 8.3 per cent in 2021 and 7.5 per cent in 2022. The Washington-based global lender, in its latest issue of Global Economic Prospects released, noted that in India, an enormous second COVID-19 wave is undermining the sharper-than-expected rebound in activity seen during the second half of the Fiscal Year 2020/21, especially in services. The World Bank said, in 2023, India is expected to grow by 6.5 per cent.

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Sumit Arora

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As a team lead and current affairs writer at Adda247, my role involves researching and creating informative and engaging content aimed at helping candidates prepare for national and state-level competitive government exams. I specialize in delivering insightful articles that keep aspirants updated on the latest current affairs trends and developments. My primary focus is on educational excellence, ensuring that our readers are well-prepared and informed to face their exams with confidence. Through meticulously crafted content, I aim to guide and support candidates in their journey toward success.