ADB Projects GDP of India at -8% in 2020



The Asian Development Bank (ADB) has projected India’s economic system to contract 8 per cent in 2020, as in opposition to (-)9.0 per cent beforehand forecast. In its newest Asian Development Outlook report launched on 10 December 2020, ADB additionally expects the GDP of India to bounce again with progress of 8.0 per cent in 2021.

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