IMF projects India’s growth rate at 1.9% in 2020

The International Monetary Fund on Tuesday projected a GDP growth of 1.9% for India in 2020, as the global economy hits the worst recession since the 1930s due to the Covid-19 pandemic that has nearly stalled all economic activities across the world. With this subdued forecast, India is likely to record its worst growth performance since the 1991 liberalisation.

Leave a Reply

Your email address will not be published. Required fields are marked *