From the International Monetary Fund to Moody's, find out their forecast on India's FY21 GDP growth in this edition of Business Insight
The global economy is expected to slip into a recession after taking into account the impact of the COVID-19 pandemic. The World Bank expects the economy to grow at 1.5-2.8 percent in FY21 and the International Monetary Fund (IMF) projects a GDP growth of 1.9 percent for India in 2020. With this subdued forecast, India is likely to record its worst growth performance since the 1991 liberalisation.
A host of international agencies, economists, brokerage houses have cut India's economic growth estimate for FY21 on concerns about the fallout of novel coronavirus or COVID-19 pandemic and the resultant lockdown.
From the International Monetary Fund to Moody's, find out what economists are predicting about India's economic growth amid COVID-19 in this edition of Business Insight. Watch to know more.
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