Jammu, June 24 -- IMF study shows how India performed better compared to other ASEAN Members
By Subrata Majumder
Concerns loomed large on India's double standard for its neutral stand on Ukraine - Russia war and sanction on Russia. Analysts apprehended India's isolation from global geopolitical influence and global market, which could slow down its growth.
Nevertheless, outsmarting all the apprehensions, India underpinned a smooth and uninterrupted growth, defying spill-over impact of the war.
IMF foresaw slip in global growth. It forecasted global growth to 3.2 percent in 2022, from 6 percent in 2021 and further fall to 1.3 percent in 2023. In contrast, India's GDP growth spurred to 9.4 percent and 7.2 percent in 2021-22 and 2022-23 re...