Monday, May 1, 2017

India's growing economy


India is on track to become the world’s fourth largest economy in 2022 according to the IMF.  The IMF report appears to back a World Bank report.  The World Bank report classified India’s economy as still robust and forecast that GDP growth would bounce back in coming years to regain its momentum, with growth rising to 7.6 per cent in 2018 and strengthening to 7.8 per cent in 2019.