HomeNewsEconomyADB slashes India's economic growth forecast for this fiscal to 10%

ADB slashes India’s economic growth forecast for this fiscal to 10%

ADB slashes India’s economic growth forecast for this fiscal to 10%

The Asian Development Bank (ADB) has slashed India’s economic growth forecast for the current fiscal, 2021-22 (FY22) to 10 percent. prior to this, ADB estimated India’s economic growth forecast at 11 percent.

  • Asian Development Bank has also estimated the GDP growth for fiscal 2022-23 (FY23) to 7.5 percent.

China GDP growth forecast

  • ABD has estimated that China’s GDP growth forecast remains unchanged at 8.1 percent in 2021 and 5.5 percent in 2022.

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