IMF lowers India growth to 4.8%, calls it a drag on world economy too | Business News,The Indian Express

IMF lowers India growth to 4.8%, calls it a drag on world economy too | Business News,The Indian Express

IMF lowers India growth to 4.8%, calls it a drag on world economy too

By: ENS Economic Bureau | New Delhi | Updated: January 21, 2020 at 4:30 am

For the current calendar year 2020, India saw a sharp 1.2 percentage point cut in its growth forecast to 5.8 per cent, the biggest downward revision for any emerging market, which pulled down global growth forecast.