World Bank says India has huge potential, projects 7.3% growth in 2018

[baajey]

Very true, but we can always go back to the past to validate your new prediction or projection, and come up with an educated guess.

and hence, i wrote my post in the very first place.

 

[faithfulguy]

A year old data of yesterday

2016 India's growth - 7.1% VS 2016 Chinas growth - 6.7%

How about 2010-2015 and 2017 as well... you can’t just use statistic from one year, like Trump release tax record from one year to show how much tax he paid.

Very true, but we can always go back to the past to validate your new prediction or projection, and come up with an educated guess.

The so called experts had been predicting India economic growth. It’s a prediction that will always come true only tomorrow.

 

[noksss]

How about 2010-2015 and 2017 as well... you can’t just use statistic from one year, like Trump release tax record from one year to show how much tax he paid.



The so called experts had been predicting India economic growth. It’s a prediction that will always come true only tomorrow.

2010-2014 UPA era :

https://in.reuters.com/article/indi...negative-rating-outlook-idINDEE94G06Y20130517

But hey according to ur intelligent analysis India was never given any negative outlook by rating agencies right ?

After 2014 :

https://www.cnbc.com/2017/11/20/moodys-upgrades-india-rating-will-fitch-standard-poors-follow.html

And the growth figure

 

[boxer_B]

World Bank forecasts 7.3 pc growth for India this year

"Growth is expected to accelerate from 6.7 in 2017 to 7.3 per cent in 2018 and to subsequently stabilise supported by a sustained recovery in private investment and private consumption," the World Bank said in its twice-a-year South Asia Economic Focus.

https://twitter.com/x/status/986233581126103041

India to grow at 7.4 per cent in 2018: IMF

PTI | Updated: Apr 17, 2018, 18:57 IST

WASHINGTON: India is expected to grow at 7.4 per cent in 2018 and 7.8 per cent in 2019, leaving its nearest rival China behind respectively at 6.6 and 6.4 per cent in the two years, the IMF said on Tuesday.

With growth picking up after falling sharply in the second quarter of 2017 due to "one-off factors", India in 2018 and 2019 would re-emerge as one of the fastest growing major economies, it said.

The International Monetary Fund (IMF) in the latest World Economic Outlook (WEO) has projected India to grow at 7.4 per cent in 2018 and 7.8 per cent in 2019.



https://timesofindia.indiatimes.com...estment-in-india-imf/articleshow/63802159.cms

China is expected to grow at 6.6 per cent and 6.4 per cent in the respective two years.

However, the latest IMF growth rate projection remains unchanged since the last one in October.

India's growth rate in 2016 was 7.1 per cent as against China's 6.7 per cent. Two major economic reforms - demonetisation and goods and services tax (GST) - resulted in a slight lower growth rate of 6.7 per cent in 2017.