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India’s GRP to Grow 7.5% This Year, Says World Bank

April 10, 2019

India’s GRP to Grow 7.5% This Year, Says World Bank

The World Bank said that India’s GDP is going to pick up the pace and grow to 7.5% this financial year i.e. FY20. This growth will be largely driven by heavy investments, it said.

According to the data shared for the first 3 quarters in the World Bank report, industrial growth clocked at 7.9% and the agriculture sector grew by 4%. It also said that inflation dynamics were inhibited for the most part of FY18/19.

Photo credit: ccPixs.com on VisualHunt / CC BY

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