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Indian economy to be fastest-growing next financial year at 11.5%, projects IMF

Shortpedia

Content Team
Image Credit: Shortpedia

The IMF on Tuesday projected an impressive 11.5% growth rate for India in 2021, making the country the only major economy of the world to register a double-digit growth this year amidst the coronavirus pandemic. The International Monetary Fund's growth projections for India in its latest World Economic Outlook Update released on Tuesday reflected a strong rebound in the economy.