Seen optimistic about the future of Indian economy, a UN report claimed that Indian economy is poised to grow at a rate of 7.2% in the year 2018. Backed by a strong performance on the private consumption front, the economy of the country, according to the UN reports, rides mainly on its monetary policies, while the emphasis laid on the infrastructural investment too was seen under a positive light by the UN report.
The UN DESA report maintained that the country would further grow at a rate of 7.4% in the year 2019. Stressing the importance on private investment, the report maintained that India’s private investment fell from a 40% share in 2010 to that of a 30% in the year 2017.
