OECD Cuts India's Economic Growth Estimate By 1.1% To 5.1%

OECD cut India's GDP growth estimate to 5.1%, from its earlier projection of 6.2%, for 2020 on concerns over the impact of deadly coronavirus on the domestic as well as the global economy. In 2021, the economy is expected to grow by 5.6%, down 0.8% compared to the previous estimate.

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