India’s economy is growing at one of the fastest rates in the world, according to World Bank President Ajay Banga, who noted that the country’s home market plays a major role in this.
India’s growth rate is unquestionably one of the best in the international economy. Before the World Bank and IMF’s annual meeting next week, Banga told reporters, “I think being able to grow at six, seven percent and more in this kind of environment shows you that they’ve done a number of things to get there.”
“The home market in India is also a major driver of that growth, which is, in some respects, encouraging.
