UNCTAD: India’s GDP to develop 8.1% in 2011

November 5, 2011

As per UNCTAD (United Nations Conference on Trade and Development), Indian economy likely to expand by 8.1% in 2011
This would be the fastest growth rate in the world after China
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
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