7% Growth for Six Straight Years: India on Track to Eclipse 2003–07 Record, Says Korean Economist Kim
13 Articles
13 Articles
The Indian growth story: Why the post-pandemic boom is different
India’s economy contracted by 5.8% in 2020 during the pandemic before rebounding with growth of 9.7% in 2021. It then expanded by more than 7% in each of the following four years. If current forecasts hold, India could surpass that record. The IMF has raised its growth projection for India in the current year from 6.4% to 7%.
New Delhi: Economists say that the Indian economy is continuing to grow strongly despite the economic challenges caused by the COVID-19 pandemic. Kyunghoon Kim, head of the India-South Asia division at the Korea Institute for International Economic Policy, pointed out that India’s average annual growth rate from 2021 to 2025 was 7.83 percent. He shared his observations through X. India, which had suffered a 5.8 percent economic contraction durin…
According to Kyunghoon Kim, South Asia head of the Korea Institute for International Economic Policy, India is expected to grow at more than 7% for the first time in decades. In a series of posts on X, economist Kyunghoon Kim has explained how the Indian economy has maintained strong growth rates since the Covid-19 pandemic. Kim's analysis comes at a time when the International Monetary Fund, World Bank and Asian Development Bank have projected …
New Delhi (Uttam Hindu News) - Almost all major institutions, including the International Monetary Fund (IMF), Asian Development Bank (ADB) and the World Bank, have recently revised their estimates of India's economic growth… The post Korean economist's big prediction, India will resonate in the global economy, no one will be able to stop India's pace appeared first on uttamhindu.com.
Coverage Details
Bias Distribution
- 100% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
