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IMF Lowers India Growth Forecast To 4.8% For Current Financial Year
20 Jan 2020, 07:33 PM IST i

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IMF expects growth to be 5.8 per cent in 2020 and rise to 6.5 per cent in 2021.
The International Monetary Fund (IMF) on Monday lowered growth estimate for India to 4.8 per cent for financial year 2019-20, citing stress in the non-bank financial sector and weak rural income growth as the major factors for the downward revision.
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