“India could be back as the world’s fastest growing economy this year”
March 9, 2021
“After plunging into recession for the first time in nearly a quarter of a century, India’s economyshouldcome roaring back to life in 2021.India’s gross domestic product is projected to expand by 12.6% during the country’s fiscal year starting in April, according toa forecast released Tuesday by the Organization for Economic Cooperation and Development.
If that level of growth is realized, it would allow India to reclaim its status as the fastest growing major economy — stealing the title back from China, which the OECD expects will deliver growth of 7.8% this calendar year after dodging a recession in 2020.India’s economy recorded a rise in gross domestic product of 0.4% in the final three months of 2020, ending its recession. For 2020 as a whole, the Indian economy contracted by about 7%…”
https://www.cnn.com/2021/03/09/economy/oecd-economic-outlook/index.html