Current Affairs - Economy - Discussion

United Nation's report World Economic Situation and Prospects (WESP) 2019 Mid-year Update projected India's growth as 7.1%.Among developed economies, United States' will grow at 2.3%, while the European Union's overall economy will expand at 1.5%, Japan at 0.8% and Russia at 1.4%.For India, UN has cut the growth rate by 0.6% to be at 7% for 2019 from the earlier prediction of 7.6% in the January edition. But despite of downward revision, India remains the fastest growing major economy in the world, ahead of China's growth rate of 6.3%.For 2020,