United Nations has reduced India's growth rate estimate to 6.2% in the year 2024.

Daily Current Affairs / United Nations has reduced India's growth rate estimate to 6.2% in the year 2024.

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Category : Business and economics Published on: January 10 2024

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Recently the United Nations has reduced India's development journey for the year 2024.
According to the United Nations, India's growth rate will be 6.2% in the year 2024.
Earlier, the United Nations had estimated a growth rate of 6.7%.
This decline is despite strong domestic demand and strong growth in the manufacturing and services sectors.
The report said that GDP in the South Asian region is estimated to be 5.2% in the year 2024.
This is driven by strong expansion in India which remains the fastest-growing large economy in the world.