India will grow at 7.2% : World Bank

India's economic growth is expected to pick up speed from 6.8% in 2016 to 7.2% in 2017, and to 7.7% by 2019, after a modest setback due to weaker than expected investments and effects of demonetisation, a World Bank report said.“Timely and smooth implementation of the GST could prove to be a significant benefit to economic activity. However, India faces the challenge of further accelerating responsiveness of poverty reduction to growth,“ it said. Several multilateral agencies have raised the growth prospects as the impact of note ban has waned.

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