UNCTAD projects Indian economy to expand 7.2% in 2021
- The United Nations Conference on Trade and Development (UNCTAD) has pegged India’s economic growth rate as follows, in its Trade and Development report released on September 15, 2021:
- Calendar Year (CY) 2021 – 7.2%
- Calendar Year 2022 – 6.7%
- India’s economy shrank by 7 percent in Calendar Year 2020.
Source: Business Standard
Points to Remember:
- GDP growth rate of India in CY 2021 as per UNCTAD?
- GDP growth rate of India in CY 2022 as per UNCTAD?
- Headquarter of UNCTAD? Geneva, Switzerland