Categories: Economy

UN projects Indian economy to grow at 7.3% in CY-2021

India’s economic growth is forecast to be 7.3 per cent in the Calendar Year 2021 by the UN. The Indian economy is estimated to contract by 9.6 per cent in the Calendar year 2020, as per the World Economic Situation and Prospects 2021, produced by the United Nations Department of Economic and Social Affairs (UNDESA).

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In addition to this, the global economy is estimated to shrink by 4.3 per cent in 2020. The UN has estimated the Global GDP to recover to 4.7 per cent in 2021.

Important takeaways for all competitive exams:

United Nations Department of Economic and Social Affairs Headquarters location: New York, United States.
United Nations Department of Economic and Social Affairs Head: Liu Zhenmin.
United Nations Department of Economic and Social Affairs Founded: 1948.

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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.