• The UN Conference on Trade and Development (UNCTAD) has pegged India’s economic growth rate for 2022 to 4.6 percent due to the ongoing Ukraine-Russia conflict. Earlier this rate was projected at 6.7%.
• The UNCTAD has further projected the global economic growth for the year 2022 at 2.6 percent.
• Earlier this rate was projected at 3.6 percent.

Points to remember:

1. What is the GDP growth projection of India in CY 2022 as per UNCTAD?
2. What is the GDP growth projection of global economy in CY 2022 as per UNCTAD?
3. Headquarter of UNCTAD – Geneva, Switzerland