UNESCAP Projects India’s Economic Growth Rate at 7% in 2021-22
- The United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP) has estimated the GDP growth rate of India at 7% in 2021-22, in its latest report titled Economic and Social Survey of Asia and the Pacific 2021.
- For the previous fiscal, UNESCAP estimated a contraction of 7.7% for India on account of the pandemic’s impact on normal business activity.
Source: Business Standard
Points to Remember:
- GDP growth rate of India for FY22 as per UNESCAP?