![ADB predicts the GDP of India at -8% in 2020 GDP](https://focusmerit.com/wp-content/uploads/2020/03/GDP-300x200.jpg)
- The Asian Development Bank (ADB) has predicted India’s economy to contract 8 percent in 2020, as against (-)9.0 percent previously forecast.
- In its latest Asian Development Outlook report published on 10 December 2020, ADB also expects the GDP of India to bounce back with growth of 8.0 percent in 2021.