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
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
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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 | World Bank reduces India GDP growth forecast to 7% for 2017-18 -Asit Ranjan Mishra    </title>
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World Bank has reduced its India GDP growth forecast to 7% for 2017-18 from 7.2%, blaming disruptions caused by demonetisation and GST

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    <h1 class="cat-box-title">World Bank reduces India GDP growth forecast to 7% for 2017-18 -Asit Ranjan Mishra</h1>
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                            <div align="justify">-Livemint.com<br /><br /><em>World Bank has reduced its India GDP growth forecast to 7% for 2017-18 from 7.2%, blaming disruptions caused by demonetisation and GST<br /><br />New Delhi: </em>After remaining the world&rsquo;s fastest-growing region for eight consecutive quarters, South Asia has slipped to the third position behind East Asia and the Pacific regions, as India&rsquo;s economy slowed to its lowest level in 13 quarters, the World Bank said on Monday.<br /><br />This is at a time when other South Asian nations like Bangladesh and Nepal have registered strong economic growth.<br /><br />In the June quarter of 2017-18, the Indian economy decelerated to 5.7%, lowest since the economy grew at 5.3% in the March quarter of 2013-14.<br /><br />In its South Asia Economic Focus (Fall 2017), the World Bank reduced India&rsquo;s GDP growth forecast to 7% for 2017-18 from 7.2% estimated earlier, blaming disruptions caused by demonetisation and the implementation of the goods and services tax (GST), while maintaining at the same time that the economy would claw back to grow at 7.4% by 2019-20.<br /><br />Both the Asian Development Bank as well as the Organisation for Economic Cooperation and Development (OECD) have also cut their growth projections for India to 7% and 6.7%, respectively, for fiscal 2017-18.<br /><br />The World Bank said the unexpected slowdown in India&rsquo;s growth story is because of the delayed consequence of demonetization, sharp decline in the growth rate of public expenditures and uncertainty created by the introduction of GST.<br /><br />The multi-lateral lending agency said that because the main explanations offered for the slowdown of the last quarter refer to temporary shocks, the growth rate could be expected to bounce back. <br /><br />Please <a href="http://www.livemint.com/Politics/UyGEPBzO44Nz3hYEESwYSP/World-Bank-reduces-India-GDP-growth-forecast-to-7-for-2017.html" title="http://www.livemint.com/Politics/UyGEPBzO44Nz3hYEESwYSP/World-Bank-reduces-India-GDP-growth-forecast-to-7-for-2017.html">click here</a> to read more. <br /></div>                                                           
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    <h1 class="cat-box-title">World Bank reduces India GDP growth forecast to 7% for 2017-18 -Asit Ranjan Mishra</h1>
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                            <div align="justify">-Livemint.com<br /><br /><em>World Bank has reduced its India GDP growth forecast to 7% for 2017-18 from 7.2%, blaming disruptions caused by demonetisation and GST<br /><br />New Delhi: </em>After remaining the world&rsquo;s fastest-growing region for eight consecutive quarters, South Asia has slipped to the third position behind East Asia and the Pacific regions, as India&rsquo;s economy slowed to its lowest level in 13 quarters, the World Bank said on Monday.<br /><br />This is at a time when other South Asian nations like Bangladesh and Nepal have registered strong economic growth.<br /><br />In the June quarter of 2017-18, the Indian economy decelerated to 5.7%, lowest since the economy grew at 5.3% in the March quarter of 2013-14.<br /><br />In its South Asia Economic Focus (Fall 2017), the World Bank reduced India&rsquo;s GDP growth forecast to 7% for 2017-18 from 7.2% estimated earlier, blaming disruptions caused by demonetisation and the implementation of the goods and services tax (GST), while maintaining at the same time that the economy would claw back to grow at 7.4% by 2019-20.<br /><br />Both the Asian Development Bank as well as the Organisation for Economic Cooperation and Development (OECD) have also cut their growth projections for India to 7% and 6.7%, respectively, for fiscal 2017-18.<br /><br />The World Bank said the unexpected slowdown in India&rsquo;s growth story is because of the delayed consequence of demonetization, sharp decline in the growth rate of public expenditures and uncertainty created by the introduction of GST.<br /><br />The multi-lateral lending agency said that because the main explanations offered for the slowdown of the last quarter refer to temporary shocks, the growth rate could be expected to bounce back. <br /><br />Please <a href="http://www.livemint.com/Politics/UyGEPBzO44Nz3hYEESwYSP/World-Bank-reduces-India-GDP-growth-forecast-to-7-for-2017.html" title="http://www.livemint.com/Politics/UyGEPBzO44Nz3hYEESwYSP/World-Bank-reduces-India-GDP-growth-forecast-to-7-for-2017.html">click here</a> to read more. <br /></div>                                                           
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                            <div align="justify">-Livemint.com<br /><br /><em>World Bank has reduced its India GDP growth forecast to 7% for 2017-18 from 7.2%, blaming disruptions caused by demonetisation and GST<br /><br />New Delhi: </em>After remaining the world&rsquo;s fastest-growing region for eight consecutive quarters, South Asia has slipped to the third position behind East Asia and the Pacific regions, as India&rsquo;s economy slowed to its lowest level in 13 quarters, the World Bank said on Monday.<br /><br />This is at a time when other South Asian nations like Bangladesh and Nepal have registered strong economic growth.<br /><br />In the June quarter of 2017-18, the Indian economy decelerated to 5.7%, lowest since the economy grew at 5.3% in the March quarter of 2013-14.<br /><br />In its South Asia Economic Focus (Fall 2017), the World Bank reduced India&rsquo;s GDP growth forecast to 7% for 2017-18 from 7.2% estimated earlier, blaming disruptions caused by demonetisation and the implementation of the goods and services tax (GST), while maintaining at the same time that the economy would claw back to grow at 7.4% by 2019-20.<br /><br />Both the Asian Development Bank as well as the Organisation for Economic Cooperation and Development (OECD) have also cut their growth projections for India to 7% and 6.7%, respectively, for fiscal 2017-18.<br /><br />The World Bank said the unexpected slowdown in India&rsquo;s growth story is because of the delayed consequence of demonetization, sharp decline in the growth rate of public expenditures and uncertainty created by the introduction of GST.<br /><br />The multi-lateral lending agency said that because the main explanations offered for the slowdown of the last quarter refer to temporary shocks, the growth rate could be expected to bounce back. <br /><br />Please <a href="http://www.livemint.com/Politics/UyGEPBzO44Nz3hYEESwYSP/World-Bank-reduces-India-GDP-growth-forecast-to-7-for-2017.html" title="http://www.livemint.com/Politics/UyGEPBzO44Nz3hYEESwYSP/World-Bank-reduces-India-GDP-growth-forecast-to-7-for-2017.html">click here</a> to read more. <br /></div>                                                           
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Home हिन्दी

World Bank reduces India GDP growth forecast to 7% for 2017-18 -Asit Ranjan Mishra

Published on Oct 15, 2017   Modified on Oct 15, 2017

-Livemint.com World Bank has reduced its India GDP growth forecast to 7% for 2017-18 from 7.2%, blaming disruptions caused by demonetisation and GST New Delhi: After remaining the world’s fastest-growing region for eight consecutive quarters, South Asia has slipped to the third position behind East Asia and the Pacific regions, as India’s economy slowed to its lowest level in 13 quarters, the World Bank said on Monday. This is at a time when other South Asian nations like Bangladesh and Nepal have registered strong economic growth. In the June quarter of 2017-18, the Indian economy decelerated to 5.7%, lowest since the economy grew at 5.3% in the March quarter of 2013-14. In its South Asia Economic Focus (Fall 2017), the World Bank reduced India’s GDP growth forecast to 7% for 2017-18 from 7.2% estimated earlier, blaming disruptions caused by demonetisation and the implementation of the goods and services tax (GST), while maintaining at the same time that the economy would claw back to grow at 7.4% by 2019-20. Both the Asian Development Bank as well as the Organisation for Economic Cooperation and Development (OECD) have also cut their growth projections for India to 7% and 6.7%, respectively, for fiscal 2017-18. The World Bank said the unexpected slowdown in India’s growth story is because of the delayed consequence of demonetization, sharp decline in the growth rate of public expenditures and uncertainty created by the introduction of GST. The multi-lateral lending agency said that because the main explanations offered for the slowdown of the last quarter refer to temporary shocks, the growth rate could be expected to bounce back. Please click here to read more.

Livemint.com, 10 October, 2017, http://www.livemint.com/Politics/UyGEPBzO44Nz3hYEESwYSP/World-Bank-reduces-India-GDP-growth-forecast-to-7-for-2017.html

Tagged with: Demonetisation Goods and Services Tax Goods and Services Tax (GST) GDP estimates GDP growth GDP growth rate Economic forecasting Economic Growth world bank

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