Tag Archives: India GDP FY21

The World Bank expects a steeper cut in India’s GDP for fiscal year 21, estimating a 9.2% drop from 3.2%

NEW DELHI: The World Bank on Thursday projected a 9.2% contraction for the Indian economy, steeper than the 3.2% estimated in June, highlighting the impact of the pandemic-induced lockdown and the income impact experienced by households and small businesses. urban service companies. “However, there is substantial uncertainty related to the …

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