India Set To Drop Below Bangladesh In Per Capita Growth: IMF Shocker
India is set to drop below Bangladesh in terms of per capita Gross Domestic Product (GDP) as the economy, according to the International Monetary Fund, is projected to contract by a massive 10.3% this year. The IMF's forecast for India, a huge downward revision from its previous prediction in June, will see the biggest contraction among major emerging markets amid the coronavirus pandemic.
