What is the India’s economic growth forecast for current fiscal as per International Monetary Fund (IMF)?
What is the India’s economic growth forecast for current fiscal as per International Monetary Fund (IMF)?
[A]7%
[B]7.3%
[C]7.8%
[D]8.1%
7.3%
In the updated report on ‘World Economic Outlook (WEO)’ , the International Monetary Fund (IMF) has kept India’s growth projection unchanged at 7.3 % in the current fiscal and 7.5 % in the FY17. Though, the neighbour China’s growth would slow to 6.3 % in 2016 and further to 6 % in 2017. The IMF has also forecasted the world economic growth at 3.4 % for 2016 and 3.6 % for 2017.