Recently the World Economic Situation and Prospects report has been released by the United Nations.

Recently the World Economic Situation and Prospects report has been released by the United Nations.

Daily Current Affairs   /   Recently the World Economic Situation and Prospects report has been released by the United Nations.

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Category : Business and economics Published on: January 08 2024

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  • The World Economic Situation and Prospects report was released by the United Nations in January 2024.
  • According to this report, India's growth rate in the year 2024 will be 6.2%.
  • India will remain the world's fastest-growing economy with a growth rate of 6.2%.
  • India's GDP is expected to grow by 6.6 percent in the year 2025.
  • The estimated growth rate of the Indian economy in the year 2023 was 6.3 percent.
  • According to the United Nations, the main reasons behind India's fast economic growth rate are domestic demand and good performance of the service sector.
  • According to the United Nations report, global economic growth is estimated to be 2.4% in the year 2024.
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