ADB projects India’s growth to rebound 11% in 2021-22

The Asian Development Bank (ADB) projects India’s gross domestic product (GDP) will rebound strongly by 11.0% in fiscal year (FY) 2021-22 ending on March 31, 2022, due to continued economic recovery boosted by increased public investment, vaccine rollout, and a surge in domestic demand. The forecast assumes that vaccines are deployed extensively across the country.

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