UNCTAD: India’s GDP to develop 8.1% in 2011
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As per UNCTAD (United Nations Conference on Trade and Development), Indian economy likely to expand by 8.1% in 2011
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This would be the fastest growth rate in the world after China
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In its global release of Trade and Development Report 2011, the UNCTAD opined that the Indian economy will grow by 8.1% in 2011, against to 8.6% in 2010, despite down in developed nations and many other countries
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Different agencies and their projections about the growth of Indian Economy for the year 2011-12
|
Agency |
Projected Growth (in %) |
|
Government of India |
8.5 |
|
Asian Development Bank |
8.2 |
|
International Monetary Fund |
8.2 |
|
United Nations Conference on Trade and Commerce |
8.1 |
|
World Bank |
8 |
|
Reserve Bank of India |
8 |