India is likely to grow at 7.1% in FY20: United Nations

Indian economy

  India’s economy is most likely to grow at 7.1% in the 2020 fiscal year. In 2018, the Indian economy expanded by 7.2% and GDP growth was a downward revision from 7.4%. Strong domestic consumption and investment will continue higher growth which is projected at 7.0% in 2019 and 7.1% in 2020. The estimation was made by the United Nations in the world economic situation and prospects 2019 released in January. India would grow at 7.6% is the fiscal year 2019 and 7.4% in 2020. The world economic situation and…

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