The India Development Update (IDU) is the World Bank India flagship report that discusses the latest macroeconomic developments and policy issues that are critical to the country’s long-term economic development.
Below is a repository of the India Development Update biannual published reports.
The Indian economy continues to grow at a healthy pace despite challenging global conditions, according to World Bank’s latest India Development Update: India’s Trade Opportunities in a Changing Global Context. But to reach its $1 trillion merchandise exports goal by 2030, India needs to diversify its export basket and leverage global value chains.
India continues to show resilience against the backdrop of a challenging global environment, according to World Bank’s latest India Development Update (IDU). The IDU, the Bank’s flagship half yearly report on the Indian economy, observes that despite significant global challenges, India was one of the fastest-growing major economies in FY22/23 at 7.2%. India’s growth rate was the second highest among G20 countries and almost twice the average for emerging market economies.
India’s growth continues to be resilient despite some signs of moderation in growth, says the World Bank in its latest India Development Update, the World Bank India’s biannual flagship publication. The Update notes that although significant challenges remain in the global environment, India was one of the fastest growing economies in the world
India’s economy has demonstrated resilience despite a challenging external environment, says the World Bank in its latest India Development Update, a World Bank flagship publication. The report titled “Navigating the Storm”, finds that while the deteriorating external environment will weigh on India’s growth prospects, the economy is relatively well positioned to weather global spillovers compared to most other emerging markets.
