Gopinath

IMF projects India’s growth rate to jump to impressive 12.5 per cent in 2021

by
photo

The IMF on Tuesday projected an impressive 12.5 per cent growth rate for India in 2021, stronger than that of China, the only major economy to have a positive growth rate last year during the COVID-19 pandemic. The Washington-based global financial institution, in its annual World Economic Outlook ahead of the annual Spring meeting with … Read more

Gita Gopinath explains IMF’s growth forecast for India and the road ahead

by
gipta gopinath reuters

The International Monetary Fund (IMF) has predicted a 10.3 per cent contraction in India’s economy in 2020-21. This means the country may see the biggest GDP growth dip among big economies, the worst in decades. This is the second downgrade for India by the IMF after it reversed its forecast of 1.9% growth in April … Read more