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, 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.