The Organisation for Economic Co-operation and Development (OECD) on Thursday cut India's economic growth forecast for 2019 to 5.8%, but said it would pick up to 6.2% in 2020 and further to 6.4% in 2021.
India's economy grew 6.8% in FY19. Economic growth is projected to recover in FY21 as election-related uncertainties fade and monetary and fiscal policies have become accommodative.
Powered by Capital Market - Live News
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)