India's GDP will further decelerate to 4.7 per cent growth in 2023, according to the forecast by the United Nations Conference on Trade and Development (UNCTAD) Trade and Development Report 2022.
Tag: UNCTAD
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India’s economy projected to record stronger recovery in 2021: UNCTAD
India is estimated to contract by 6.9 per cent in 2020 and then forecast to record a 5 per cent GDP growth in 2021, the report said.
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Modi congratulated Invest India on winning the United Nations Award
Prime Minister Narendra Modi has congratulated the Indian National Investment Promotion Agency, Invest India for winning the United Nations Investment Promotion Award 2020.
Mr. Modi said in a tweet message on Tuesday, “Congratulations to Invest India for winning the UN Investment Promotion Award 2020. This is a testimony of the work done by our government to make India the most attractive investment destination in the world and to improve the ease of trade. “
It is noteworthy that the United Nations Institution (UNCTAD) has announced Invest India as the winner of the United Nations Investment Promotion Award 2020. The award ceremony was held on Monday at the institution’s headquarters in Geneva.
The award is given on the basis of an assessment of the best traditions, processes and achievements of investment promotion agencies around the world. This time the United Nations body had assessed the functioning of 180 investment promotion agencies.