ADB Lowers India’s GDP forecast to 5.1% for FY2019; 6.5% for FY 2020
- The Asian Development Bank (ADB) has lowered India’s economic growth forecast for FY 2019 to 5.1 percent from earlier estimate of 6.5 percent in its latest Asian Development Outlook 2019 Update.
- GDP forecast for 2019-20: 5.1%
- GDP forecast for 2020-21: 6.5%
Points to Remember:
- According to ADB, what is the latest the economic growth forecast for India for fiscal year 2019-20?
- According to ADB, what is the latest the economic growth forecast for India for fiscal year 2020-21?