Categories: Economy

UN projects India GDP at 6.5% in FY22

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.

Buy Prime Test Series for all Banking, SSC, Insurance & other exams

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

Find More News on Economy Here

Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.

Recent Posts

Mongolia Gets New Prime Minister Amid Political Turmoil: Uchral Nyam-Osor Takes Charge

Mongolian parliament has appointed the Uchral Nyam-Osor as the country' new Prime Minister. With this…

4 mins ago

E20 Petrol India 2026: Nationwide Rollout from April 1 Explained

From the April 1st fuel stations across the country are now supplying that petrol which…

27 mins ago

NCERT Gets ‘Deemed University’ Status: What It Means for India’s Education System

The Ministry of Education has granted the 'deemed to be university’ status to National Council…

55 mins ago

What Is Mission Mitra? ISRO’s New Experiment for Gaganyaan Explained

India's Gaganyaan Mission have begun the unique experiment which is called Mission Mitra in the…

1 hour ago

Which is the Highest Airport in the World?

Airports help people travel quickly from one place to another. But not all airports are…

1 hour ago

Myanmar Military Chief Min Aung Hlaing Becomes President After Parliament Vote

The significant political developments is seen in the Myanmar. As the Min Aung Hlaing was…

1 hour ago