OECD forecasts 12.6% growth for India in 2021.

[lightoftruth]

https://twitter.com/x/status/1369306268532367360

The Organisation for Economic Co-operation and Development (OECD) on Tuesday projected that the Indian economy will bounce back to grow at 12.6% in FY22, the highest among G20 countries, aided by additional fiscal support after the covid-19 pandemic pushed the economy into recession after a gap of more than 40 years.

“The recovery in activity continued in the fourth (December) quarter of 2020, despite new virus outbreaks in many economies and tighter containment measures. Global output remained around 1% lower than it was prior to the pandemic, with marked variation in the pace of recovery across economies," the grouping of developed economies said in its interim economic outlook.

https://www.livemint.com/news/india...forecast-to-12-6-for-fy22-11615284316360.html

 

[Splurgenxs]

Also take into account the difference and the subsequent projection for 2022.
Nothing brag worthy. Its just a correction to the pre 2019 norms

 

[HalfMoon]

https://twitter.com/x/status/1369306268532367360

The Organisation for Economic Co-operation and Development (OECD) on Tuesday projected that the Indian economy will bounce back to grow at 12.6% in FY22, the highest among G20 countries, aided by additional fiscal support after the covid-19 pandemic pushed the economy into recession after a gap of more than 40 years.

“The recovery in activity continued in the fourth (December) quarter of 2020, despite new virus outbreaks in many economies and tighter containment measures. Global output remained around 1% lower than it was prior to the pandemic, with marked variation in the pace of recovery across economies," the grouping of developed economies said in its interim economic outlook.

https://www.livemint.com/news/india...forecast-to-12-6-for-fy22-11615284316360.html

Also take into account the difference and the subsequent projection for 2022.
Nothing brag worthy. Its just a correction to the pre 2019 norms

There is many a slip between the cup and the lip.

Need actuals not forecasts.

 

[lightoftruth]

Also take into account the difference and the subsequent projection for 2022.
Nothing brag worthy. Its just a correction to the pre 2019 norms

It simply shows strong recovery and that too at the rate which is highest in the world.

Its not for bragging its to show where we are heading.

 

[The Maverick]

This was inevitable
Covid had massive impact GDP contracted when india went into lock down.

India is now leading the fight back on Covid with its very large Pharma industry
and exporting vaccines globally

Of course there was always going to be MASSIVE rebound