World Bank in its latest edition of the Global Economic Prospect June 2020 analytical chapters reports states that India's growth is contract by how much percent for FY20-21?

World Bank in its latest edition of the Global Economic Prospect June

1.	World Bank in its latest edition of the Global Economic Prospect June 2020 analytical chapters reports states that India's growth is contract by how much percent for FY20-21?
Answer» The Washington based multilateral lender, World Bank in its latest edition of the Global Economic Prospect June 2020 analytical chapters reports states that India's growth is contract by 3.2%(so growth is -3.2%) for FY20-21 .It was lower from 4.2% which forecasted in FY2019-20 at the end of March 2020. The growth forecast is 9 percentage lower than the GEP forecasts from January 2020 when the growth was projected as 5.8%. But it also highlights that country's growth is expected to be 3.1% for the FY 2021-22.