UNCTAD Raises India’s 2023 Growth Estimate to 6.6%

UNCTAD Raises India’s 2023 Growth Estimate to 6.6%

• In its latest trade and development report, the UN Conference on Trade and Development (UNCTAD) has revised India’s economic growth forecast for 2023 upward to 6.6% from the earlier projection of 6%. However, the report also anticipates a slowdown in India’s growth to 6.2% in 2024. Furthermore, the UNCTAD highlights concerns about the global economic outlook, with a deceleration to 2.4% in 2023, followed by a marginal improvement to 2.5% in 2024.
• UNCTAD revises India’s 2023 economic growth forecast to 6.6%, up from the previous estimate of 6%.
• Predicts a slight decline in India’s growth to 6.2% for the year 2024.

Also Read: Weekly Current Affairs (Persons) 9-15 September 2023 Bitbank: Who has received RBI approval for re-appointment as the Managing Director and Chief Executive Officer of ICICI Bank?

                         >> Download Current Affairs PDFs Here

                              Download Sakshi Education Mobile APP

Published date : 05 Oct 2023 04:09PM