Asian Development Outlook Supplement Current Affairs, GK & News

ABD lowers India’s GDP forecast to 6.7% for 2017-18

The Asian Development Bank (ADB) in its Asian Development Outlook Supplement has lowered India’s economic growth forecast for current fiscal i.e. FY 2017-18 by 0.3% to 6.7% from earlier 7%. The reasons cited for this downward revision of growth forecast of largest economy South Asia are lingering effect of demonetisation, transitory challenges to Goods and ..

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