Indian economy set to grow at historic 12.5%: IMF
IANS/United Nations
Gita Gopinath, the Chief Economist of the International Monetary Fund. Photo: AFP
Growth projection raised on the basis of evidence over last couple of months.
India s economy is projected to grow at a historically high level of 12.5 per cent this fiscal year, but the International Monetary Fund s (IMF) Chief Economist Gita Gopinath cautioned that the current wave of the pandemic is quite concerning.
The growth projection was raised on the basis of evidence we were getting in the last couple of months in terms of the normalisation of economic activity, she said at the release of the World Economic Outlook (WEO) report on Tuesday in Washington.
Indian economy to grow at historic 12 5%, but COVID wave concerning : IMF
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