World Bank Maintains India’s Growth Projection At 8.3% For 2021-22

India's economic growth is expected to be 8.3 per cent in the current financial year and 8.7 per cent in 2022-23, according to World Bank's "Global Economic Prospects" report, which released today.

The 8.3 percent GDP growth prediction for the current fiscal (2021-22) is the same as what was projected by the World Bank in its last projection released in October 2021.

The report said that Indian economy's growth rate in the current as well as the next fiscal will be stronger compared to its immediate geographic neighbours.