In spite of the dropping growth rate, India will be the second fastest growing nation
Shortpedia
Content Team
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According to the UN trade agency, India's growth rate for 2019 has dropped down to 6% which was 7.4 % in the year 2018. But the country will be the world's second-fastest-growing economy, following China. According to the UNCTAD report, the slowdown in India follows a descending trend for last four years. Simultaneously, UNCTAD also reported that the World growth rate has dropped to 2.3 % which was 3 % in 2018.
