2021 UN/Spain/IAU Dark and Quiet Skies for Science and Society unoosa.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from unoosa.org Daily Mail and Mail on Sunday newspapers.
The World Bank has forecast that the Indian economy would grow by 8.3 per cent during the current fiscal year, an increase of nearly 3 per cent from its January projection, but lower than the April estimate….
UNITED NATIONS â The World Bank has forecast that the Indian economy would grow by 8.3 percent during the current fiscal year, an increase of nearly 3 percent from its January projection, but lower than the April estimate by almost 2 percent.
The Bank s Global Economic Prospects Report released June 8Â said that India would be the second fastest-growing major economy, behind only China which is forecast to grow by 8.5 percent.
The report said that India s growth forecast is supported by plans for higher spending on infrastructure, rural development, and health, and a stronger-than-expected recovery in services.
But it added, Better growth prospects since January, however, masks significant damage to economic activity from COVID-19.