Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 150
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Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 97
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

                trigger_error($message, E_USER_WARNING);

            } else {
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        LATEST NEWS UPDATES | Expected growth of 12.5% for India but “ very severe downside risks” due to COVID wave: IMF -Sriram Lakshman    </title>
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Averting divergent outcomes would mean &ldquo;resolving the health crisis everywhere&rdquo; the report says

After an estimated contraction of 8% in the fiscal year that ended March 31, India is projected to grow at 12.5 % during the current year, settling..."/>
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Averting divergent outcomes would mean &ldquo;resolving the health crisis everywhere&rdquo; the report says

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                            <p style="text-align:justify">-The Hindu</p><p style="text-align:justify"><em>Averting divergent outcomes would mean &ldquo;resolving the health crisis everywhere&rdquo; the report says</em></p><p style="text-align:justify">After an estimated contraction of 8% in the fiscal year that ended March 31, India is projected to grow at 12.5 % during the current year, settling down to 6.9% growth year (FY22/23), according to the World Economic Outlook (WEO): Managing Divergent Recoveries, released by the IMF as the World Bank IMF Spring Meetings kick off virtually. The growth outlook for India however comes with significant downside risks because of the current pandemic wave the country is experiencing, IMF economists said.</p><p style="text-align:justify">The projections for India were based on evidence to support the normalization of economic activity but these forecasts preceded the current wave of COVID-19 in India, &ldquo; which is quite concerning,&rdquo; IMF Chief Economist Gita Gopinath said at a press conference on Tuesday.</p><p style="text-align:justify">The current growth projections already take &ldquo; a fairly conservative view&rdquo; IMF economist Malhar Nabar said.</p><p style="text-align:justify">&ldquo; But it&rsquo;s true that with this very worrying uptick in cases&hellip;poses very severe downside risks tothe growth outlook for the economy,&rdquo; he said.</p><p style="text-align:justify">After an estimated contraction of 3.3% in 2020 (calendar year), the global economy is expected to grow 6% this year and 4.4% next year, although there are significant divergences within and between countries. Projections for 2021 are slightly higher than they were in October 2020 due to fiscal support in some large economies and vaccine-supported recovery. The U.S.&rsquo;s 1.3 percentage point forecast upgrade, especially, contributed to this, resulting in U.S. growth projections of 6.4% and 3.5% this calendar year and next.</p><p style="text-align:justify">Please <a href="https://www.thehindu.com/business/Economy/after-a-contraction-of-8-expected-growth-of-125-for-india-imf/article34254394.ece?homepage=true" title="https://www.thehindu.com/business/Economy/after-a-contraction-of-8-expected-growth-of-125-for-india-imf/article34254394.ece?homepage=true">click here</a> to read more.</p>                                                           
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                            <p style="text-align:justify">-The Hindu</p><p style="text-align:justify"><em>Averting divergent outcomes would mean &ldquo;resolving the health crisis everywhere&rdquo; the report says</em></p><p style="text-align:justify">After an estimated contraction of 8% in the fiscal year that ended March 31, India is projected to grow at 12.5 % during the current year, settling down to 6.9% growth year (FY22/23), according to the World Economic Outlook (WEO): Managing Divergent Recoveries, released by the IMF as the World Bank IMF Spring Meetings kick off virtually. The growth outlook for India however comes with significant downside risks because of the current pandemic wave the country is experiencing, IMF economists said.</p><p style="text-align:justify">The projections for India were based on evidence to support the normalization of economic activity but these forecasts preceded the current wave of COVID-19 in India, &ldquo; which is quite concerning,&rdquo; IMF Chief Economist Gita Gopinath said at a press conference on Tuesday.</p><p style="text-align:justify">The current growth projections already take &ldquo; a fairly conservative view&rdquo; IMF economist Malhar Nabar said.</p><p style="text-align:justify">&ldquo; But it&rsquo;s true that with this very worrying uptick in cases&hellip;poses very severe downside risks tothe growth outlook for the economy,&rdquo; he said.</p><p style="text-align:justify">After an estimated contraction of 3.3% in 2020 (calendar year), the global economy is expected to grow 6% this year and 4.4% next year, although there are significant divergences within and between countries. Projections for 2021 are slightly higher than they were in October 2020 due to fiscal support in some large economies and vaccine-supported recovery. The U.S.&rsquo;s 1.3 percentage point forecast upgrade, especially, contributed to this, resulting in U.S. growth projections of 6.4% and 3.5% this calendar year and next.</p><p style="text-align:justify">Please <a href="https://www.thehindu.com/business/Economy/after-a-contraction-of-8-expected-growth-of-125-for-india-imf/article34254394.ece?homepage=true" title="https://www.thehindu.com/business/Economy/after-a-contraction-of-8-expected-growth-of-125-for-india-imf/article34254394.ece?homepage=true">click here</a> to read more.</p>                                                           
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Averting divergent outcomes would mean &ldquo;resolving the health crisis everywhere&rdquo; the report says

After an estimated contraction of 8% in the fiscal year that ended March 31, India is projected to grow at 12.5 % during the current year, settling..." />
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    <h1 class="cat-box-title">Expected growth of 12.5% for India but “ very severe downside risks” due to COVID wave: IMF -Sriram Lakshman</h1>
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                            <p style="text-align:justify">-The Hindu</p><p style="text-align:justify"><em>Averting divergent outcomes would mean &ldquo;resolving the health crisis everywhere&rdquo; the report says</em></p><p style="text-align:justify">After an estimated contraction of 8% in the fiscal year that ended March 31, India is projected to grow at 12.5 % during the current year, settling down to 6.9% growth year (FY22/23), according to the World Economic Outlook (WEO): Managing Divergent Recoveries, released by the IMF as the World Bank IMF Spring Meetings kick off virtually. The growth outlook for India however comes with significant downside risks because of the current pandemic wave the country is experiencing, IMF economists said.</p><p style="text-align:justify">The projections for India were based on evidence to support the normalization of economic activity but these forecasts preceded the current wave of COVID-19 in India, &ldquo; which is quite concerning,&rdquo; IMF Chief Economist Gita Gopinath said at a press conference on Tuesday.</p><p style="text-align:justify">The current growth projections already take &ldquo; a fairly conservative view&rdquo; IMF economist Malhar Nabar said.</p><p style="text-align:justify">&ldquo; But it&rsquo;s true that with this very worrying uptick in cases&hellip;poses very severe downside risks tothe growth outlook for the economy,&rdquo; he said.</p><p style="text-align:justify">After an estimated contraction of 3.3% in 2020 (calendar year), the global economy is expected to grow 6% this year and 4.4% next year, although there are significant divergences within and between countries. Projections for 2021 are slightly higher than they were in October 2020 due to fiscal support in some large economies and vaccine-supported recovery. The U.S.&rsquo;s 1.3 percentage point forecast upgrade, especially, contributed to this, resulting in U.S. growth projections of 6.4% and 3.5% this calendar year and next.</p><p style="text-align:justify">Please <a href="https://www.thehindu.com/business/Economy/after-a-contraction-of-8-expected-growth-of-125-for-india-imf/article34254394.ece?homepage=true" title="https://www.thehindu.com/business/Economy/after-a-contraction-of-8-expected-growth-of-125-for-india-imf/article34254394.ece?homepage=true">click here</a> to read more.</p>                                                           
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Expected growth of 12.5% for India but “ very severe downside risks” due to COVID wave: IMF -Sriram Lakshman

Published on Apr 6, 2021   Modified on Apr 7, 2021

-The Hindu Averting divergent outcomes would mean “resolving the health crisis everywhere” the report says After an estimated contraction of 8% in the fiscal year that ended March 31, India is projected to grow at 12.5 % during the current year, settling down to 6.9% growth year (FY22/23), according to the World Economic Outlook (WEO): Managing Divergent Recoveries, released by the IMF as the World Bank IMF Spring Meetings kick off virtually. The growth outlook for India however comes with significant downside risks because of the current pandemic wave the country is experiencing, IMF economists said. The projections for India were based on evidence to support the normalization of economic activity but these forecasts preceded the current wave of COVID-19 in India, “ which is quite concerning,” IMF Chief Economist Gita Gopinath said at a press conference on Tuesday. The current growth projections already take “ a fairly conservative view” IMF economist Malhar Nabar said. “ But it’s true that with this very worrying uptick in cases…poses very severe downside risks tothe growth outlook for the economy,” he said. After an estimated contraction of 3.3% in 2020 (calendar year), the global economy is expected to grow 6% this year and 4.4% next year, although there are significant divergences within and between countries. Projections for 2021 are slightly higher than they were in October 2020 due to fiscal support in some large economies and vaccine-supported recovery. The U.S.’s 1.3 percentage point forecast upgrade, especially, contributed to this, resulting in U.S. growth projections of 6.4% and 3.5% this calendar year and next. Please click here to read more.

The Hindu, 6 April, 2021, https://www.thehindu.com/business/Economy/after-a-contraction-of-8-expected-growth-of-125-for-india-imf/article34254394.ece?homepage=true

Tagged with: IMF International Monetary Fund Economic Growth GDP Growth Social Protection

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