Asian Development Outlook: GK, Current Affairs, Questions, Trivia and News

ADB projects India’s GDP growth to 7.3%

According to Asian Development Bank (ADB)’s latest report “Asian Development Outlook (ADO)”, India’s GDP growth has been projected to rise 7.3% in current fiscal year FY19 (2018-19). The report, which was published in April 2018, stated that Indian economy’s growth will further accelerate to 7.6% in FY20 (2019-20) because the measures taken to strengthen the ..

ADB projects India’s economic growth to 7.3% in 2018-19

In its latest Asian Development Outlook (ADO) 2018, the Manila-based Asian Development Bank (ADB) has stated that India’s economic growth is set to rise to 7.3% in 2018-19 and grow at 7.6% further in FY20 on the back of structural reforms such as GST and clean banking. In its report, ADB has credited the Modi-government’s ..

The Asian Development Bank (ADB) downgraded India’s GDP growth forecast for FY18 from 7.4% to 7%

The Asian Development Bank (ADB) has downgraded India’s GDP growth forecast to 7% from 7.4% for financial year 2017-18 due to weakness in private consumption, manufacturing output and business investment. Further, in its latest Asian Development Outlook (ADO) outlook update, ADB has downgraded India’s growth projection for financial year 2018-19 to 7.4%, from the earlier ..