India’s GDP Growth Rate Projection by Different Financial Organizations – GK Updates
Dear Readers, Here we have given the list of India GDP Growth Rate Projection by Different Financial Organizations for IBPS and Upcoming Examinations 2018-19. Candidates those who are all preparing for the Examination can use this study material.
India GDP Growth Rate Projection by Different Financial Organizations
1). Reserve Bank of India
| RBI’s Projected India GDP growth Rate | Financial Year |
| 6.6% | 2018-19 |
| 7.4% | 2019-20 |
Note: Also, the projection of real GVA (Gross Value Added) growth for 2017-18 has been revised down to 6.7 per cent from the August 2017 projection of 7.3 per cent.
Useful info:
- RBI Governor – Dr. Urjit Patel
- RBI headquarter – Mumbai, India
2). International Monetary Fund (IMF)
| IMF Projected India GDP growth Rate | Financial Year |
| 7.3% | 2018-19 |
| 7.5% | 2019-2020 |
| IMF Projected World’s GDP growth Rate | Financial Year |
| 3.7% | 2017 |
| 3.9% | 2018 |
Useful info:
- IMF Chief – Christine Lagarde
- IMF headquarter – Washington, D.C. (US)
3). World Bank
| World Bank Projected India’s GDP growth Rate | Financial Year |
| 7.3% | 2018-19 |
| 7.5% | 2019-20 |
| World Bank Projected World’s GDP growth Rate | Financial Year |
| 3.1% | 2018-19 |
Useful info:
- World Bank President – Jim Yong Kim
- World Bank headquarter – Washington, D.C. (US)
- Members countries – 189
4). Asian Development Bank (ADB)
| ADB Projected India GDP growth Rate | Financial Year |
| 7.3% | 2018-19 |
| 7.6% | 2019-20 |
Useful info:
- ADB President – Takehiko Nakao
- ADB headquarter –Mandaluyong, Philippines
- Members countries – 67
5). United Nation (UN)
| UN Projected India GDP growth Rate | Financial Year |
| 7.6% | 2018-19 |
Useful info:
- UN Secretary‑General – António Guterres
- UN headquarter – New York, US
- Members countries – 193
6). The credit rating agency Fitch Ratings
| Fitch Projected India’s GDP growth Rate | Financial Year |
| 7.3% | 2018-19 |
| 7.5 | 2019-20 |
Useful info:
- Fitch CEO – Paul Taylor
- Fitch Ratings headquarter – New York, US
7). India Ratings and Research
| Projected India’s GDP growth Rate | Financial Year |
| 7.1% | 2018-19 |
Useful info:
- India Ratings and Research MD & CEO – Rohit Sawhney.
- India Ratings and Research headquarter – Mumbai, Maharashtra
8). Domestic rating agency CRISIL
| CRISIL’s Projected India GDP growth Rate | Financial Year |
| 7.6% | 2018-19 |
Useful info:
- CRISIL MD & CEO – Ashu Suyash
- CRISIL headquarter – Mumbai, Maharashtra
9). The Central Statistics Office (CSO)
| CSO’s Projected India’s GDP growth Rate | Financial Year |
| 6.6% | 2017-18 |
Useful info:
- CSO Director General – Davendra Verma
- CSO headquarter – New Delhi, India
11). HSBC
| HSBC’s Projected India’s GDP growth Rate | Financial Year |
| 7% | 2018-19 |
| 7.6% | 2019-20 |
Useful info:
- HSBC CEO: Stuart Gulliver
- HSBC headquarter – London, UK
12). Organisation for Economic Cooperation and Development (OECD)
| OECD Projected India’s GDP growth Rate | Financial Year |
| 7.2% | 2018-19 |
Useful info:
- OECD Secretary-General: Angel Gurría
- OECD headquarter – Paris, France
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