Current Trends in Indian Economy
Global Economic Prospects report.
▪ World Bank recently released the Global Economic Prospects report.
▪ The report states that India will remain the fastest-growing major economy recording a steady growth of 6.7 per cent in the next three years including the current financial year.
▪ In India, growth is estimated to have increased to 8.2 per cent in fiscal year 2023 to 2024.
About World Bank
✓ Formation – July 1944
✓ Headquarters– Washington
✓ President – Ajay Banga