---
title: "What is the India’s GDP forecast for FY18 by the World Bank (WB) in its South Asia Economic Focus (Fall 2017) report?"  
description: "What is the India’s GDP forecast for FY18 by the World Bank (WB) in its South Asia Economic Focus (Fall 2017) report?"  
author: "Satish Jain"  
published: 2017-11-16  
canonical: https://answers.mindstick.com/qa/30769/what-is-the-india-s-gdp-forecast-for-fy18-by-the-world-bank-wb-in-its-south-asia-economic-focus-fall-2017-report  
category: "current affair"  
tags: ["social events", "current affair"]  
reading_time: 1 minute  

---

# What is the India’s GDP forecast for FY18 by the World Bank (WB) in its South Asia Economic Focus (Fall 2017) report?

What is the [India](https://yourviews.mindstick.com/view/88550/lebanon-remains-under-israeli-strikes-india-condemns-attack-on-un-peacekeepers)’s GDP [forecast for FY18](https://answers.mindstick.com/qa/30771/what-is-the-india-s-gdp-forecast-for-fy18-by-imf-in-its-latest-world-economic-outlook-weo-report) by the World Bank (WB) in its South Asia Economic [Focus](https://yourviews.mindstick.com/audio/1251/how-music-can-improve-your-focus-and-mood) (Fall 2017) [report](https://www.mindstick.com/forum/406/how-to-view-reports-in-c-sharp-using-microsoft-report-viewer)?

## Answers

### Answer by akriti kashyap

## The World Bank (WB)!

![What is the India’s GDP forecast for FY18 by the World Bank (WB) in its South Asia Economic Focus (Fall 2017) report?](https://answers.mindstick.com/questionanswer/c496dcb2-ee9f-45b9-b745-81cace3e4982/images/1ff12aac-9328-4909-a785-170ec8e8dc14.png)\

“**South Asia Economic Focus (Fall 2017)**” a semiannual update by **The World Bank (WB)**, has shown a reduction in the **GDP of India** which is been foreseen to **7.0% for the year 2017-18 from 7.2 %** priory estimated. According to report, the surprising slowdown in India's development story is a direct result of the postponed outcome of demonetization, a sharp decrease in the development rate of open consumptions and vulnerability made by the presentation of **Goods and Services Tax (GST)**. Aside from WB, Both the **Asian Development Bank (ADB)** and in addition the **Organization for Economic Cooperation and Development (OECD)** have additionally cut their development projections for India to **7% and 6.7%**, individually, for m**onetary 2017-18**.

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## Details are linked below:

[GDP Growth By World Bank](http://www.thehindu.com/business/Economy/world-bank-lowers-indias-growth-forecast/article19840543.ece)

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**Cheers!**\
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