India's economic growth to surpass that of China in 2021, predicts IMF


Banglahant Desk: Even in the midst of the Corona epidemic, India's economy is moving fast. At a time when the financial situation of most countries in the world is deteriorating, the IMF has said that India's economy will grow significantly in 2021.

Releasing the World Economic Outlook Update on Tuesday, the IMF said that India's economic growth will be in double digits in 2021. India's economic growth could be 11.5 per cent, surpassing that of the world's largest economies. Which will surpass China as well.

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IMF Director Kristalina Georgieva said, “The Indian government has announced a dramatic lockdown to save the country from the Corona epidemic. As a result, many people have been able to protect themselves. At that time, the Indian government was also looking at strengthening the country's economy. A closer look reveals that India's economy is still where it was before Corona.

The International Monetary Fund (IMF) has made new predictions in 2021, despite some ambiguities in its 2020 budget forecast. According to the IMF, China's economic growth will slow to 6.1 percent in 2021. While France may have 5.5 per cent and Spain 5.9 per cent, India's economy will grow at 11.5 per cent.