UN: India’s GDP to grow 7.5% in 2021

UN: India’s GDP to grow 7.5% in 2021

Question: As per the United Nation’s World Economic Situation and Prospects -Mid 2021 report ,
what is the estimated rate of growth of India for year 2021?

a) 7.1%
b) 7.5%
c) 8%
d) None of the above
Ans: b
Context

  • UN has released its World Economic Situation and Prospects -Mid 2021 report on 11 May 2021.

Facts

  • As per the report , UN has increased India’s growth forecast by 0.2% to 7.5% for the year of 2021.
  • Because of 2nd Covid wave, UN has termed situation in India quite fluid and termed the growth projection highly fragile.
  • For year 2022 UN has projected a growth rate of 10.1% for India.

By kameshwar shukla

Reference: http://www.uniindia.com/un-raises-india-s-growth-projection-to-7-5-per-cent/world/news/2393161.html