{"id":63342,"date":"2021-12-16T07:11:08","date_gmt":"2021-12-16T07:11:08","guid":{"rendered":"https:\/\/www.gkseries.com\/blog\/?p=63342"},"modified":"2022-09-14T13:21:23","modified_gmt":"2022-09-14T07:51:23","slug":"adb-projected-growth-forecast-for-2021-2022-for-india-at-9-7","status":"publish","type":"post","link":"https:\/\/www.gkseries.com\/blog\/adb-projected-growth-forecast-for-2021-2022-for-india-at-9-7\/","title":{"rendered":"ADB projected growth forecast for 2021-2022 for India at 9.7%"},"content":{"rendered":"\n

Asian Development Bank<\/strong> has trimmed its 2021 growth forecast for India to 9.7%<\/strong> from 10%<\/strong> but left the 2022 growth forecast unchanged at 7.5%.<\/strong> The inflation forecast of developing Asia was revised to 2.1% <\/strong> for 2021 and unchanged at 7%<\/strong> for 2022.<\/p>\n\n\n\n

Asian Development Outlook Supplement Report 2021-22:<\/strong><\/p>\n\n\n\n

In its Asian Development Outlook Supplement Report<\/strong> of December 2021, the Asian Development Bank (ADB)<\/strong> has trimmed the growth forecasts for developing Asia for 2021-2022 to reflect the economic impact and uncertainty caused by the new Omicron COVID -19 variant.<\/p>\n\n\n\n

ADB marks the 2021 Gross Domestic Product (GDP) growth projection of developing Asia to 7%, down from its earlier projection of 7.1% (September 2021), and 2022 growth to 5.3%, down from 5.4%.<\/p>\n","protected":false},"excerpt":{"rendered":"

Asian Development Bank has trimmed its 2021 growth forecast for India to 9.7% from 10% but left the 2022 growth forecast unchanged at 7.5%. The inflation forecast of developing Asia was revised to 2.1%  for 2021 and unchanged at 7% for 2022. Asian Development Outlook Supplement Report 2021-22: In its Asian Development Outlook Supplement Report of December 2021, the Asian Development Bank (ADB) has trimmed the growth forecasts for […]<\/p>\n","protected":false},"author":894,"featured_media":63343,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[2506],"tags":[743,74,82],"class_list":["post-63342","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-current-affairs-december-2021","tag-asian-development-bank","tag-bank-current-affairs","tag-economy-current-affairs"],"_links":{"self":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/63342","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/users\/894"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/comments?post=63342"}],"version-history":[{"count":1,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/63342\/revisions"}],"predecessor-version":[{"id":63344,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/63342\/revisions\/63344"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media\/63343"}],"wp:attachment":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media?parent=63342"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/categories?post=63342"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/tags?post=63342"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}