Competition Wizard
Competition Wizard published this article page no 6 based on the above macro- parameters the following shall be macro-outlook for the remaining part of fy 2019-20: the economy grew by 6.8 per cent in 2018-19. this growth rate was achieved despite higher crude oil prices and depreciation of rupee vis-à-vis dollar. now with the moderation in oil prices and stability in the exchange rate the prospects of the indian economy are looking bright. all international agencies including imf and world bank project firming up of growth in india in coming years. imf has projected a gradual improvement in indias growth as a result of implementation of several structural reform measures. given the macroeconomic situation and the structural reforms being undertaken by the government the economy is projected to grow at 7 per cent in 2019-20. outlook of indian economy appears bright with prospects of pickup in growth in 2019-20 on back of pickup in private investment and robust consumption growth. in 2019 when the world economy and emdes are projected to slow down by 0.3 and 0.1 percentage points respectively growth of indian economy is forecast to increase wizard magazine buy.
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