Economics
India’s Double-Digit Growth Forecast in Peril
- Many economists see Indian economy posting double-digit growth
- New infections topping 300,000 daily is a risk to that outlook
This article is for subscribers only.
Discover what’s driving the global economy and what it means for policy makers, businesses, investors and you with The New Economy Daily. Sign up here
Just two weeks ago, the International Monetary Fund upgraded India’s economic growth forecast to 12.5% -- the quickest rate among major economies. Now, as Covid-19 cases surge the most globally, that bullish view is looking increasingly in doubt.