Congressional leader Rahul Gandhi on Friday attacked the government of the National Democratic Alliance (NDA) led by the Bharatiya Janata Party (BJP) over the International Monetary Fund (IMF) projection of India’s gross domestic product (GDP) during this fiscal year amid the coronavirus disease. Gandhi’s mockery featured neighboring countries like Pakistan …
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Rahul Gandhi called the IMF projections another “solid achievement” by the government. (Proceedings) Highlight The IMF has projected that the Indian economy will contract 10.3% this year. “Another solid achievement by the government,” said Rahul Gandhi. India is likely to recover with an impressive growth rate of 8.8% New Delhi: …
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Written by Udit Misra, Nushaiba Iqbal | New Delhi | Updated: October 16, 2020 7:18:11 am A man works at a construction site in Dharmsala, Tuesday, Oct. 13, 2020 (AP Photo: Ashwini Bhatia) The latest update of the International Monetary Fund on the Outlook for the world economy published on …
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NEW DELHI: Finance Minister Nirmala Sitharaman On Thursday, he said that a V-shaped recovery pattern is being seen in several high-frequency indicators, driven by various measures taken by the government to revive economic growth, hit hard by the outbreak of the COVID-19 pandemic. . In his address to the plenary …
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By: ENS Economic Bureau | New Delhi | Updated: October 15, 2020 7:49:33 pm Global growth is projected to contract 4.4 percent, an upward revision of 0.8 percent since its June update, the IMF said. Kaushik Basu, Cornell University economics professor and former World Bank chief economist Kaushik Basu, has …
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Faced with attacks from the Opposition on the International Monetary Fund (IMF) projection that Bangladesh will surpass India in terms of per capita income, the government said that India’s Gross Domestic Product (GDP) is 11 times higher than the from Bangladesh in 2019. Downplaying the IMF projections, insiders said that …
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New Delhi: According to the International Monetary Fund (IMF), India will fall below Bangladesh in terms of gross domestic product (GDP) per capita this year, due to the national lockdown imposed to contain the spread of the COVID-19 pandemic. According to the IMF-World Economic Outlook (WEO), Bangladesh’s GDP per capita …
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Bangladesh is expected to overtake India in terms of gross domestic product (GDP) per capita this calendar year, thanks to a sharp contraction in the Indian economy due to Covid-19 and the economic lockdown. According to the International Monetary Fund (IMF) -World Economic Outlook (WEO), Bangladesh’s GDP per capita in …
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NEW DELHI: The International Monetary Fund (IMF) projected on Tuesday that the Indian economy will contract 10.3 percent in the current fiscal year amid the ongoing coronavirus pandemic. However, the IMF noted that India may grow at an impressive 8.8% rate in 2021, surpassing China’s projected rate of 8.2%, thus …
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The 5.8 percentage point reduction is the largest of the world’s major economies. India’s economic growth forecast was further cut by the International Monetary Fund (IMF) today, and the country now faces the largest contraction of any major emerging market in the wake of the coronavirus pandemic. Gross domestic product …
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