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After World Bank, IMF gave shock to Modi government, reduced growth...

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The International Monetary Fund (IMF) has once again slashed estimates for India's growth rate in FY 2019-20. According to the latest IMF estimates, India's GDP will grow at 6.1 percent this year. It was earlier estimated to be 7.3 per cent in April.

World Bank reduced India’s growth rate

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In this financial year, after the continued decline in several sectors in the recent quarters, the World Bank has also estimated the growth rate of the Indian economy below 6 percent. India's growth rate in 2018-19 was 6.9%.
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