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India’s GDP to Grow to 12.5% for FY22-- IMF

Published on April 08, 2021
Current Context: The International Monetary Fund (IMF) has released its biannual World Economic Outlook report.
India’s GDP to Grow to 12.5% for FY22-- IMF
  • As per the report, India’s GDP will grow to 12.5% for FY2021-22.
  • Initially, IMF had projected India’s growth at 11.5% for FY22.
  • Also, for FY23, India’s growth forecast is projected to 6.9% with the initial was 6.8%.
  • As per the report, the global economy will grow to 6% in 2021 and 4.4% in 2022, against the contraction of 3.3% in 2020.
  • Static Part: 
    • HQ of IMF: Washington DC, USA
    • MD of IMF: Kristalina Georgieva
    • Economic Counsellor and Research Department Director: Gita Gopinath


Q.1 As per IMF, India’s GDP to grow ___% for FY22?
a. 9.5%
b. 12.5%
c. 11.5%
d. 10.5%

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