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


IMF has projected an impressive 11.5 per cent growth rate for India in 2021
China is next with 8.1 per cent growth in 2021 followed by Spain (5.9 per cent) and France (5.5 per cent)
Washington: The IMF has projected an impressive 11.5 per cent growth rate for India in 2021, making the country the only major economy of the world to register double-digit growth this year amidst the coronavirus pandemic.
The International Monetary Fund 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. ....

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