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UN projects India GDP at 6.5% in FY22

Sumit Arora Published On January 14th, 2022 Leave a comment

The GDP growth forecast of India in fiscal 2022 is estimated to grow at 6.5 per cent as per the United Nations World Economic Situation and Prospects (WESP) 2022 report. Earlier this was estimated at 8.4%. The WESP is a flagship report produced by the UN Department of Economic and Social Affairs (UN-DESA). UN has projected the growth rate for fiscal 2023 (FY 2022-2023) at 5.9 per cent.

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On a calendar year basis UN has projected India’s GDP as follows:

2021 – 9 per cent
2022 – 6.7 per cent
2023 – 6.1 per cent

Globally:

2021 – 5.5 per cent
2022 – 4.0 per cent
2023 – 3.5 per cent

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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.