India's growth to rebound to 5.4% in FY 22: World Bank

Output is estimated to contract by 9.6% in fiscal year 2020-21, due to drop in household spending and private investment, even as high frequency data indicate recovery gaining momentum in services and manufacturing, according to the World Bank’s January 2021 Global Economic Prospects report.

from Economy-News-Economic Times https://ift.tt/2Xbbh4q