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

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.
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