World Bank Projects India’s GDP Growth at 7.3% for 2018-19

The World Bank has projected India’s GDP growth at 7.3% for 2018-19 and accelerates further to 7.5% in 2019-20. The World Bank’s biannual publication, India Development Update – India’s Growth Story, expects the economy to clock a growth rate of 6.7% in the current fiscal ending March 31.

The report, however, observed that a growth of over 8% will require continued reform and a widening of their scope, aimed at resolving issues related to credit and investment and enhancing the competitiveness of exports.
Source- The Economic Times

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