By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
NorthBridge TimesNorthBridge Times
  • Auto
    • Bikes
  • Entertainment
    • Bollywood
    • Celebrity
    • Hollywood
  • Events
  • Festival
    • Diwali
    • Holi
  • Sports
    • NBA
    • Basket Ball
    • Cricket
    • Hockey
  • Health
    • COVID-19
  • Technology
Search
© 2022 NorthBridge Times. All Rights Reserved.
Reading: United Nations Report says India is the fastest growing Third World Country
Share
Aa
NorthBridge TimesNorthBridge Times
Aa
Search
Follow US
© 2022 NorthBridge Times. All Rights Reserved.




Home – Business

United Nations Report says India is the fastest growing Third World Country
BusinessFinanceIndia

United Nations Report says India is the fastest growing Third World Country

Ankita Sharma
Ankita Sharma Published January 17, 2017
Last updated: 2017/01/17 at 10:57 PM
Share
2 Min Read
SHARE

As per the United Nations Report, India is projected to grow at a rate of 7.7 percent in 2017. India is the fastest growing developing economy as stated by the report since it benefits from the domestic reforms and the strong domestic consumption.

United Nations Report says India is the fastest growing Third World Country

United Nations Report expects India to grow at 7.7 percent in 2017

The report further added that India is projected to grow at 7.6 percent in the next year 2018. There would not be much investment in the short term as there would be low capacity utilisation, it said. Whereas the growth rate of the economy of China is said to be stable at 6.5 percent in the coming years which it said is attributed to the favourable fiscal measures and adequate demand in the domestic market.

Also Read: Govt to roll out a new feature on BHIM App for linking Aadhar Number for Easier transactions

IMF has recently cut the growth rate of India from 7.6 percent to 6.6 percent owing to the prevailing negative shock of demonetisation.

“Investment demand is expected to slightly pick up, helped by monetary easing, government efforts towards infrastructure investments and public-private partnerships, and the implementation of domestic reforms such as the introduction of the Goods and Services Tax (GST) Bill”, the United Nations report stated.

The report remarked that the GST policy will bring in a positive change for the country with the new reforms that it is sought to introduce. The consumer inflation will decline in 2018 at 5.4 percent from 5.7 percent in 2017.

You Might Also Like

Defects in Diamonds

Apple Current Worth is More Than Alphabet, Amazon and Meta Combined

Stock Market: Asian Markets Looking Strong

Best Diwali Sandesh to Soldiers Greetings, Wishes, Messages to Indian Army

Diwali Crackers Harmful Effects: Top 6 Reasons Why You Should Give Up Bursting Crackers

TAGGED: China, india, United Nations, united nations report

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
[mc4wp_form]
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Ankita Sharma January 17, 2017
Share this Article
Facebook TwitterEmail Print
Share
Previous Article Govt to roll out a new feature on BHIM App for linking Aadhar Number for Easier transactions Govt to roll out a new feature on BHIM App for linking Aadhar Number for Easier transactions
Next Article Zaved Akhtar Poetry Zaved Akhtar Poetry: The Most Beautiful Lines Penned By The Poet!!
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.




Latest News

Apple Current Worth is More Than Alphabet, Amazon and Meta Combined
Apple Current Worth is More Than Alphabet, Amazon and Meta Combined
Business Economy November 7, 2022
Stock Market: Asian Markets Looking Strong
Stock Market: Asian Markets Looking Strong
Economy Business November 7, 2022
Home Study Courses
Managing a Small Business: 5 Tips for Long Term Growth
Business May 7, 2022
Medical Supplies Can Protect You When You Work With Radiation
Which marketing techniques are likely to benefit your manufacturing business?
Business February 17, 2022

You Might also Like

Defect in Diamonds
LifestyleFinance

Defects in Diamonds

November 22, 2022
Apple Current Worth is More Than Alphabet, Amazon and Meta Combined
BusinessEconomy

Apple Current Worth is More Than Alphabet, Amazon and Meta Combined

November 7, 2022
Stock Market: Asian Markets Looking Strong
EconomyBusiness

Stock Market: Asian Markets Looking Strong

November 7, 2022
Diwali Sandesh to Soldiers
IndiaFestival

Best Diwali Sandesh to Soldiers Greetings, Wishes, Messages to Indian Army

October 15, 2022

NBT

We influence 20 million users and is the number one business and technology news network on the planet.

Quick Link

  • Home
  • About Us
  • Contact Us
  • Privacy Policy
  • Advertise With Us
February 2023
M T W T F S S
 12345
6789101112
13141516171819
20212223242526
2728  
« Jan    
NorthBridge TimesNorthBridge Times
Follow US

© 2015-2022 NorthBridge Times. All Rights Reserved.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?