Tuesday, 26 January 2021

IMF projects impressive 11.5 per cent growth rate for India in 2021, China to grow by 8.1 per cent

Zee News The IMF's growth projections for India in its latest World Economic Outlook Update released on Tuesday reflected a strong rebound in the economy, which is estimated to have contracted by eight per cent in 2020 due to the pandemic. In its latest update, the IMF projected 11.5 per cent growth rate for India in 2021. This makes India the only major economy of the world to register double-digit growth in 2021, it said. China is next with 8.1 per cent growth in 2021 followed by Spain (5.9 per cent) and France (5.5 per cent). https://ift.tt/eA8V8J January 27, 2021 at 07:33AM The IMF's growth projections for India in its latest World Economic Outlook Update released on Tuesday reflected a strong rebound in the economy, which is estimated to have contracted by eight per cent in 2020 due to the pandemic. In its latest update, the IMF projected 11.5 per cent growth rate for India in 2021. This makes India the only major economy of the world to register double-digit growth in 2021, it said. China is next with 8.1 per cent growth in 2021 followed by Spain (5.9 per cent) and France (5.5 per cent).

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