Current Affairs

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Page-2 of Topic: GDP Growth Rate

S&P: Growth of 11 per cent for India in 2021

The S&P Global Ratings recently said that the Indian Economy is to grow at 11% in 2021-22. Earlier, S&P had predicted that India will grow at 10%. Key...

April 23, 2021

IMF: Sub-Saharan Africa to see world’s slowest growth in 2021

The International Monetary Fund recently released the Regional Economic Outlook for Sub Saharan Africa. According to the report the Sub Saharan region is to witness the world’s slowest...

April 16, 2021

Fiscal Deficit Estimated to be 9.5% of GDP for FY 2020-21

Finance Minister Nirmala Sitharaman highlighted, while presenting the union budget for 2021-2022, that the fiscal deficit in the next financial year is estimated as 6.8 percent of the...

February 2, 2021

What is Economic Survey?

The economic survey for 2020-2021 will be tabled in the parliament on January 29, 2021 days before the presentation of Union Budget on February 1, 2021. Key Facts...

January 27, 2021

World Bank: India is expected to grow at 1.5% to 2.8%

On April 13, 2020, the World Bank released its report “South Asia Economic Focus”. According to the report, the Indian Economy is expected to grow at 1.5% to...

April 14, 2020

OECD lowers India’s GDP growth forecast to 5.1%

International agency OECD recently lowered India’s GDP growth forecast to 5.1 per cent from the earlier projection of 6.2 per cent for 2020-21. For the financial year ending...

March 4, 2020

India emerged as 5th largest economy in 2019

World Population Review, a US-based think tank, recently stated in its report that India emerged as the world’s fifth largest economy in 2019, with a GDP of $...

February 18, 2020

RBI projects GDP growth rate at 6% for FY21

The Reserve Bank of India (RBI) recently projected the economic growth of the country to grow by 6 per cent during the next financial year. This is the...

February 7, 2020

Moody’s cuts India’s GDP growth projection to 5.5% for next fiscal

Moody’s Investors Service recently released its estimates for India’s GDP growth in the upcoming fiscals. It lowered the real GDP growth projection for the next 2020-21 fiscal to...

February 5, 2020

NSO releases revised estimates of India’s economic growth

The National Statistical Office released revised estimates for economic growth of India for the last three years, on January 31,2020. As per the report, it fixed the actual...

February 1, 2020

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