World Bank Projects Indian GDP to grow at 8.3% in FY22

World Bank Projects Indian GDP to grow at 8.3% in FY22

• The World Bank has estimated India’s real Gross Domestic Product (GDP) in the current fiscal year 2021-22 to grow by 8.3% in its latest economic update for South Asia.
• The GDP growth projection for India in three fiscal year as per World Bank is as follows:
  1. 2021-22 (FY22) – 8.3%
  2. 2022-23 (FY23) – 7.5%
  3. 2023-24 (FY24) – 6.5%.

Points to Remember:

1. GDP growth rate projection of India in FY22 as per World Bank?
2. GDP growth rate projection of India in FY23 as per World Bank?
3. GDP growth rate projection of India in FY24 as per World Bank?