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'India growth for FY20 at 5.8%, pace up structural reforms'
TIWN
TIWN
PHOTO : TIWN
New Delhi, Dec 5 (TIWN) International agency OECD on Thursday reported that India's FY19-20 GDP growth would be 5.8 per cent.
Recently the official GDP numbers for the Q2 quarter came out to be 4.5 per cent and this is the first international growth forecast after that. The Organisation for Economic Co-operation and Development (OECD) is an intergovernmental economic organisation with 36 member countries founded in 1961 to stimulate economic progress and world trade. The Survey sees India's GDP growth recovering to 6.2 per cent in 2020 and 6.4 per cent in 2021 after dipping to 5.8 per cent in 2019 following several years of robust growth.
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