IMF estimates India's GDP at 9%

Category : Business and economics Published on: January 28 2022

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The International Monetary Fund (IMF) has cut India’s economic growth forecast to 9 percent for the current fiscal year ending March 31, 2022.
In October 2021, it had projected a 9.5 percent GDP growth for India.
It has put the forecast for the next fiscal FY23 (April 2022 to March 2023) at 7.1 percent.
Global growth is expected to moderate from 5.9 in 2021 to 4.4 percent in 2022.