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UN ESCAP forcast India’s GDP for FY21 at 4.8%

Sumit Arora Published On April 10th, 2020 Leave a comment

The UN ‘Economic and Social Survey of Asia and the Pacific (ESCAP) 2020 forecast India’s GDP for FY21 at 4.8%. It also warned that the COVID-19 pandemic is expected to result in significant adverse economic impact globally. The title of the UN report ‘Economic and Social Survey of Asia and the Pacific (ESCAP) 2020: Towards sustainable economies’.

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India’s GDP growth for the fiscal year 2019-2020 was estimated at 5% and is forecast to slow down to 4.8% for the current fiscal 2020-21. Economic growth for the country could stand at 5.1% for the fiscal year 2021-22.

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Sumit Arora

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As a team lead and current affairs writer at Adda247, my role involves researching and creating informative and engaging content aimed at helping candidates prepare for national and state-level competitive government exams. I specialize in delivering insightful articles that keep aspirants updated on the latest current affairs trends and developments. My primary focus is on educational excellence, ensuring that our readers are well-prepared and informed to face their exams with confidence. Through meticulously crafted content, I aim to guide and support candidates in their journey toward success.