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World Bank endorses 'Modinomics’

Tue, Apr 17, 2018, 10:23 AM
The World Bank has endorsed Prime Minister Narendra Modi’s economic initiatives by saying India has recovered from the withdrawal of a large number of currency notes due to demonetisation and the Goods and Service Tax. The World Bank in its report mentioned that India’s growth is expected to accelerate from 6.7 per cent in 2017 to 7.3 per cent in 2018. The report further says that India’s economy has recovered because of sustainable growth with the flow of investments in the private sector from abroad.
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