Indian economy to get shot in the arm from budget 2021
and asia’s third largest economy india
gears up for another budget in the next
few days
india’s path to economic recovery will
be stronger than previously thought
as fiscal expansion and vaccine hopes
that helping country heal from kobe 19
crisis aurora’s poll has showed world’s
second most populous country and asia’s
third largest economy
has begun a huge vaccination drive and a
stiff fall in new covenant cases
over past few months is supporting a
recovery in asia’s third largest economy
the goal of over 50 economies showed
that economy would grow
9.5 next fiscal highest since
polling began for year in march 2020
this after contracting 8 percent in
current financial year
it was also expected to grow six percent
in fiscal year
2022-23 and the poll predicted economy
would grow
21.1 9.1 percent 5.5 percent
in each quarter of 2122 fiscal year
it was largely upgraded from a poll
taken two months ago
meanwhile rbi india central bank that
has slashed its
rep rate by 1.15 percent
since march 2020 to cushion shock from
kobe 19 crisis
was expected to keep its benchmark
lending rate
at four percent to at least 20-23
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