India’s forecast bleak, but there is a silver lining

The IMF updated its World Economic Outlook, sharpening India’s economic contraction to 4.5% in FY21. It forecasts global growth to shrink 4.9%. Mint explores the issue
 The International Monetary Fund updated its World Economic Outlook, sharpening India’s economic contraction to 4.5% in FY21. It forecasts global growth to shrink 4.9% and projects a deeper recession in 2020, followed by a gradual recovery. Mint explores the issue.