Indian economy to grow fastest at 6.1%, IMF calls it bright spot | Here’s How Low U.S., UK stand
Published on Jan 31, 2023 01:00 pm IST
The Indian economy has retained the title of "a bright spot" in the International Monetary Fund’s (IMF) latest world economic outlook report. India is slated to account for half of the global growth in 2023, compared to just a tenth coming from the combined might of the U.S. and European majors. At 6.1%, India is predicted to be the fastest-growing economy. However, the IMF predicted a dip in the Indian economy from 6.8% in 2022 to 6.1% in 2023. India and China are at the top of the IMF's list of the world's fastest-growing economies. But India is projected to be much ahead of China's 5.2% growth in 2023. Watch this report for more.
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