The forecast, published in the IMF's World Economic Outlook, suggests India would again become the fastest-growing large economy in the world. In fact, India is the only country among major world economies that is projected to grow at a double-digit rate during FY22. China comes closest, with a forecast of 8.4 per cent economic expansion.
IMF scales up India's FY22 GDP growth forecast to 12.5%; experts unsure
The Fund's projection suggests India would again become the world's fastest-growing large economy
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The Washington-based global financial institution, in its annual World Economic Outlook ahead of the annual Spring meeting with the World Bank, said the Indian economy is expected to grow by 6.9% in 2022 (Photo: Bloomberg)
The forecast, published in the IMF's World Economic Outlook, suggests India would again become the fastest-growing large economy in the world. In fact, India is the only country among major world economies that is projected to grow at a double-digit rate during FY22. China comes closest, with a forecast of 8.4 per cent economic expansion.
Topics : Coronavirus IMF Indian Economy GDP
First Published: Apr 06 2021 | 6:04 PM IST
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