World Bank estimates 7.3% growth rate: news of relief for Modi government

The World Bank has said that India is expected to make a very extraordinary growth compared to the other developing economy and, therefore, the decline in India's growth rate in the short term should not be considered as a cause for greater concern.

New Delhi: The World Bank has reported great relief for the Indian economy. The World Bank has estimated that India's growth rate will be 7.3 percent in 2018 and it will reach 7.5 percent in the next two years. This is such a great news for the Modi government, because after the ban on bondage and GST, the continuation of the The possibility of huge growth in India for the next 10 years The

World Bank has also conjectured that in the next 10 years, Indian economy has the potential to achieve tremendous speed and growth rate. In this way, India will emerge as a strong economy in the coming years.continuation of the growth rate of the Indian economy continues.

The World Bank today released the Global Economic Prospects 2018, which estimates the growth rate of India is going to be strong. The World Bank has said that compared to many other emerging economies of the world, due to the economic reforms made by India's ambitious government, there is a lot of potential for better development.

In the year 2017, the 6.7 percent growth rate
has been said by the World Bank that India is expected to make a very extraordinary growth compared to the other developing economy, and hence, the declining decline in India's growth rate in the short term should not be considered as a cause for greater concern. However, the World Bank has projected India's growth rate of 6.7 per cent in 2017 and there has been reason behind the ban on accounting and GST.

Ahin Kose, director of the Better Growth World Bank , compared to China, said China's growth rate would be 6.8 percent in 2017, while India would be 6.7 percent, although in the year 2018 it will be 6.4 percent. After this, in the year 2019-2020, it is estimated that 6.3 and 6.2 percent respectively.