India’s GDP to grow at 11% this fiscal, says ADB
The Hindu
The Asian Development Bank cautioned that the surge in COVID-19 cases may put India’s economic recovery at risk.
The Indian economy is projected to grow at 11% in the current financial year amid , said ADB on Wednesday, while cautioning that the may put the country’s economic recovery at “risk”. “India’s economy is expected to grow 11% in fiscal year (FY) 2021, which ends on March 31, 2022, amid a strong vaccine drive,” ADB said in its flagship Asian Development Outlook (ADO) 2021 released on Wednesday. However, the Asian Development Bank (ADB) cautioned that the surge in COVID-19 cases may put the country’s economic recovery at risk.
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