India s economy estimated to recover, clock 7.3% growth in 2021: UN
The report highlighted how the pandemic has wreaked havoc on labour market in the developing world. By mid-2020, unemployment rates had quickly escalated to 23 per cent in India.
BusinessToday.In | January 26, 2021 | Updated 14:32 IST
A UN report has projected that India s economy will contract by 9.6% in 2020
A United Nations report has projected that India s economy will contract by 9.6 per cent in 2020 as lockdowns and other containment efforts to control COVID-19 slashed domestic consumption without halting the spread of the virus. The report said that the economy is forecast to recover and clock a 7.3 per cent growth in 2021 but slow down to 5.9 per cent in 2022.
India s economy estimated to recover, clock 7.3% growth in 2021: UN
The report highlighted how the pandemic has wreaked havoc on labour market in the developing world. By mid-2020, unemployment rates had quickly escalated to 23 per cent in India.
BusinessToday.In | January 26, 2021 | Updated 14:32 IST
A UN report has projected that India s economy will contract by 9.6% in 2020
A United Nations report has projected that India s economy will contract by 9.6 per cent in 2020 as lockdowns and other containment efforts to control COVID-19 slashed domestic consumption without halting the spread of the virus. The report said that the economy is forecast to recover and clock a 7.3 per cent growth in 2021 but slow down to 5.9 per cent in 2022.
OTS: Institute of Management Accountants (IMA) / Globale Studie von IMA und () aktiencheck.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from aktiencheck.de Daily Mail and Mail on Sunday newspapers.
January 25, 2021 Share
Since Shavkat Mirziyoyev took the office of the President of Uzbekistan, the country has not only witnessed an unprecedented era of all round development but has also enhanced its standing in the international arena, emerging as a leading power in Central Asia. Shavkat Mirziyoyev has been hailed as the champion of reforms in Uzbekistan.
Shavkat Mirziyoyev was appointed by the Supreme Assembly as the interim President of Uzbekistan on September 8, 2016, following the death of President Islam Karimov. He was subsequently elected to a full term as the President in the December 2016 Presidential election, winning 88.6% of the votes, and was sworn in on December 14, 2016.
Moving up value chain must continue
For decades now, China has been on an inexorable path to become the largest economy in the world.
There is virtually no question that China will take the top spot; still up in the air is when this will happen.
Over the past year, lockdowns related to COVID-19 have slowed economic growth everywhere. China managed to limit the spread of the virus at home, and, in turn, the worst of the economic impact.
It was one of the very few economies in the world to eke out any growth and turned the corner to economic recovery faster, giving it something of a first mover advantage.