growth rate of india Current Affairs, GK & News

Moody’s GDP Forecast- Key Highlights

February 4, 2021

The Rating agency Moody’s have recently forecasted that the nominal Gross Domestic Product (GDP) of India will rise closer to 17% in the Financial Year 2021. Key Highlights The US-based rating agency further forecasts that, India’s fiscal deficit projections are higher than expected. According to it, slower consolidation will constrain the fiscal strength of India ..

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What is Economic Survey?

January 27, 2021

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 The Economic survey will be released with the focus on the impact of lockdown and COVID -19 on the economy. It is expected that, the survey will ..

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

April 14, 2020

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 2.8%. Key Highlights of the report The report says that India’s growth rate is to be the lowest since its balance of payment crisis in 1991. Earlier, ..

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World Bank: South Asia Economic Focus, 2019

October 13, 2019

The World Bank recently released its South Asia Economic Focus, 2019. The report says that Bangladesh and Nepal are growing faster than India. However, it assured that India is still a fast-growing economy. India is relatively hit hard by the recent global economic slowdown. The report is titled “Exports Wanted” highlighting the export potential of ..

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