PREVIOUS
✖
OECD interim ‘Economic Outlook’
March 12 , 2021
1229 days
785
0
- The Organization for Economic Co-operation and Development has raised the projection for India’s economic growth rate by 4.7 percentage points at 12.6 per cent for 2021-22.
- That would enable India to retain its earlier tag of the fastest growing large economy in the world.
- It, however, pegged economic growth rate to come down to 5.4 per cent in 2022-23.
- The Indian economy was officially projected to decline by 8 per cent in the current fiscal year.
- However, OECD believes that contraction would be less steep at 7.4 per cent.
Leave a Reply
Your Comment is awaiting moderation.