The World Bank has said India’s GDP is expected to further contract by 9.6% this fiscal as a reflection of the economic slump the country has suffered due to the national lockdown induced by the coronavirus pandemic.

World Bank: India's GDP to contract in FY21

World Bank President Jim Yong Kim said the recent slowdown in India's economic growth is an 'aberration' caused by temporary disruptions in preparation for the Goods and Service Tax

India's economy will be back on track soon: World Bank

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World Bank: India's GDP to contract in FY21

India's economy will be back on track soon: World Bank