The United Nations has projected that the Indian economy would grow at 10.1 per cent in the calendar year 2022, nearly double the 5.9 per cent growth forecast for the country in the January report. But cautioned that the growth outlook of 2021 was “highly fragile” as the country was the “new hotbed of the pandemic.”
The mid-year update said that India will register a 7.5-per cent growth rate in the calendar year 2021, after an estimated contraction of 6.8 per cent in 2020.
Important takeaways for all competitive exams:
- United Nations Headquarters in New York, USA.
- Mr Antonio Guterres is the Secretary-General of the United Nations.