Nepal and Bangladesh are estimated to grow faster than India


Bangladesh and Nepal are estimated to grow faster than India in 2019, according to the World Bank, which said that overall growth in South Asia is projected to slow down this fiscal in line with a global downward trend.
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Pakistan's growth rate is projected to deteriorate further to a mere 2.4 percent this fiscal year, as monetary policy remains tight, and the planned fiscal consolidation will compress domestic demand.In India, growth is projected to fall to 6.0 this fiscal year. Growth is then expected to gradually recover to 6.9 per cent in fiscal year 2021 and to 7.2 per cent in the following year. In Bangladesh, the real GDP growth is estimated at 8.1 per cent in 2019, up from 7.9 per cent in 2018, the report said, adding that the country's growth is projected at 7.2 per cent in 2020 and 7.3 per cent in 2021.

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