Categories: Economy

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

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

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.

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