The International Monetary Fund (IMF) on Tuesday has projected India's economic growth rate to rise sharply to 12.5 percent in 2021. This growth rate will also be higher than China. However, China has been the only major economy, whose growth rate was positive even during the epidemic in 2020. The IMF said in its annual global economic scenario that in 2022 the growth rate of the Indian economy will come to around 6.9 percent. The Monetary Fund has released this report before the annual meeting with the World Bank. The Monetary Fund said that the Indian economy fell by a record 8 percent in 2020. But this year the growth rate is estimated to be 12.5 percent, which is much better.