India GDP Forecast

sumit6789's version from 2016-08-30 16:57


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The World Bank has predicted a GDP growth rate of8 per cent for India by 2017 and said that a strong expansion in the country, coupled with favourable oil prices.
Moody‘s, a global ratings agency, raised India‘s rating outlook to ―positive‖ from ―stable‖, but retained the Baa3 rating.
According to a UN report,India's economic growth is projected to surpass that of China's, with the GDP expected to zoom by7.7 per cent in 2016,
The Asian Development Bank projected India's growth rate to surpass China and improve to 7.8 per cent in next fiscal and further to 8.2 per cent in 2016-17.
India pegs 2014-15 GDP growth at 7.4 per cent
United Nations World Economic Situation and Prospects (WESP) says India‘s growth to reach 6.3 per cent in 2016:
International Monetary Fund (IMF) projected that India will grow 6.5 per cent in 2016, overtaking China which, it projected, will slowdown to 6.3 per cent.
Fitch expects real GDP growth to pick up to 8 per cent in FY16 and 8.3 per cent in FY17.
IMF projected GDP growth for India in 2014-15 at 5.6 % & 6.4 % in 2015