World Bank Says India’s Growth Rate Stays At 7.5%, Continues To Remain Fastest Growing Economy

The World Bank has said India is projected to grow at 7.5 per cent in the next three years supported by robust investment and private consumption. The Bank in its Global Economic Prospects released on Tuesday said that India is estimated to have grown 7.2 per cent in fiscal year 2018/19, which ended March 31. A slowdown in government consumption was offset by solid investment, which benefitted from public infrastructure spending.

As against a growth rate of 6.6 per cent in 2018, China’s growth rate in 2019 is projected to be dropped to 6.2 per cent and then subsequently to 6.1 per cent in 2020 and 6 per cent in 2021, the bank said.Click Here: Tienda Liga Mexicana