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World Bank on India
April 16 , 2020
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- India is likely to record its worst growth performance since the 1991 liberalisation this fiscal year.
- India's economy is expected to grow 1.5 per cent to 2.8 per cent in the 2020-21 fiscal.
- The slow growth will be the result of a Coronavirus outbreak.
- The World Bank said the above observations in its South Asia Economic Focus report.
- It estimated India will grow 4.8 per cent to 5 per cent in the 2019-20 fiscal.
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