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National News

Mar 15, 2018
10:00AM

World Bank projects India's GDP growth at 7.3 per cent for the next financial year

The World Bank has projected India's GDP growth at 7.3 percent for the next financial year and accelerates further to 7.5 percent in 2019-20. The World Bank's biannual publication, India Development Update - India's Growth Story, expects the economy to clock a growth rate of 6.7 percent in the current fiscal ending March 31.
 The report, however, observed that a growth of over 8 percent will require continued reform and a widening of their scope, aimed at resolving issues related to credit and investment, and enhancing the competitiveness of exports.

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