The World Bank has revised upward the GDP growth projections for India by 4.7 percentage points to 10.1 per cent for the financial year 2021-22, due to a strong rebound in private consumption and investment growth. Earlier the bank had pegged the GDP growth at 5.4 per cent for FY22.
Buy Prime Test Series for all Banking, SSC, Insurance & other exams
Apart from this, the World Bank has forecast the economy to contract by 8.5 per cent in FY21 (2020-21). The multilateral agency has also projected economic growth at 5.8 per cent for India during FY23 (2022-23).
Important takeaways for all competitive exams:
Did you know that kidney beans are one of the most widely eaten beans in…
Did you know that every country has a special city where important decisions are made…
Astep toward wildlife conservation and public safety. The Deputy CM of Andhra Pradesh Pawan Kalyan…
Jio Platforms Limited has appointed telecom industry veteran Dan Bailey as its new President to…
The Top 10 most popular websites of 2026 show how the internet continues to evolve…
Saba Shawl has been appointed as the first Kashmiri woman to head Central Jail Srinagar,…