India to be fastest-growing economy in ’10: World Bank

India to be fastest-growing economy in ’10: World Bank
The Economic Times, June 23, 2009, Page 1

The World Bank has projected an 8% growth for India in 2010, which will make it the fastest-growing economy, trailed by China with a 7.7% growth. The multilateral lender has revised upwards the growth rate for the Indian economy this year to 5.1% from an earlier projection of 4%, according to its Global Development Finance Report released on Monday. The prospects for the global economy remain ‘unusually uncertain’ despite recent signs of improvement in some parts of the world, the report points out.