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IMF makes sharp revision, says India's economy set to contract by 4.5%

Name: IMF makes sharp revision, says India's economy set to contract by 4.5%
Uploaded: 2020-06-25T13:27:00Z
Description: India's economy is hurtling down with the IMF now projecting FY21 GDP growth to contract by 4.5 per cent. According to IMF's chief economist Gita Gopinath, India's sharp downward revision was due to the rising number of COVID-19 infections and the impact of the lockdown.

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Updated:25th Jun, 2020 at 6:57 PM

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