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The International Monetary Fund on Tuesday projected a growth of 8.2 per cent for India in the current fiscal year, this amid the global growth projection at 3.6 per cent in the wake of Ukraine war, news agency PTI reported.
In its annual World Economic Outlook report, the IMF said that India’s growth had been slashed by 0.8 percentage points as compared to the previous year forecast for the same period.
Last year, India had registered a growth rate of 8.9 per cent, and by 2023 it will grow at a rate of 6.9 per cent, the IMF report said.
