UNESCAP: India’s Economic Growth Of 7% in 2021-22

Sumit Arora Last updated on April 2nd, 2021 04:46 pm Leave a comment

The United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP) said in the latest update that, India’s is estimated to record economic growth of 7% in 2021-22, over a contraction of 7.7% witnessed in the previous fiscal on account of the pandemic’s impact on normal business activity. It also noted that maintaining low borrowing costs while keeping non-performing loans in check would be a challenge.

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

Important takeaways for all competitive exams:

UNESCAP Founded: 28 March 1947.
UNESCAP Headquarters: Bangkok, Thailand.

Find More News on Economy Here

Check: Latest Current Affairs 2025

About the Author

Sumit Arora

Author

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.