India's growth rate will leave India's growth rate at 7.4% in 2018: IMF

India's growth rate will be 7.4 percent in 2018. The IMF said that China's growth during this period will be 6.8 percent. In this way India will be the fastest growing economy in emerging economies.

New Delhi: The International Monetary Fund (IMF) has estimated that India's growth rate will be 7.4 percent in 2018. The IMF said that China's growth during this period will be 6.8 percent. In this way India will be the fastest growing economy in emerging economies. The International Monetary Fund has estimated India's growth rate to be 7.8 percent in 2019. However, due to the ban on bonds and GST last year, the pace of Indian economy slowed.

IMF estimates that India's growth rate will be 7.4 percent in 2018, while China will have 6.8 percent. Meanwhile, the IMF has said that the world economy is growing and its growth rate will be 3.9 per cent in 2018 and 2019.

The IMF estimates in its latest World Economic Outlook-World Economic Outlook, released separately on the occasion of the annual summit of the World Economic Forum in Davos, Switzerland, in the WEFO report . In the WEEO report, there has been no change in the estimates of growth rate for India 2018 and 2019 compared to the October, 2017 estimate. The IMF said that at the same time, China's growth rate is estimated to be 6.6 percent and 6.4 percent, respectively.

The IMF said that there has been no change in the estimated growth rates for emerging markets and developing economies in 2018 and 2019.

IMF said that the growth in global production in 2017 is estimated at 3.7 percent. This is half a percent more than the 2016. Growth rate increases are widespread. The growth rate in Europe and Asia is astonishing. The IMF has increased the growth rate of global growth by 0.2 percent to 3.9 percent in 2018 and 2019.