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United Nations Conference on Trade and Development UPSC NOTE

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  United Nations Conference on Trade and Development (UNCTAD) It was established in 1964 to promote development-friendly integration of deve...

 United Nations Conference on Trade and Development (UNCTAD)

  • It was established in 1964 to promote development-friendly integration of developing countries into the world economy.

  • UNCTAD is a permanent intergovernmental body headquartered at Geneva in Switzerland.

  • Some of the reports published by it are:

    • Trade and Development Report

    • World Investment Report

    • The Least Developed Countries Report

    • Digital Economy Report

    • Technology and Innovation Report

    • Commodities and Development Report

Why Indian economy projected to grow 6.5% in 2024?

  • India’s economy is projected to grow by 6.5% in 2024, according to a report by UNCTAD, which noted that multinationals extending their manufacturing processes into the country to diversify their supply chains will have a positive impact on Indian exports

  • The expansion in 2023 was driven by strong public investment outlays as well as the vitality of the services sector which benefited from robust local demand for consumer services and firm external demand for the country’s business services exports


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Learnerz IAS | Concept oriented UPSC Classes in Malayalam: United Nations Conference on Trade and Development UPSC NOTE
United Nations Conference on Trade and Development UPSC NOTE
Learnerz IAS | Concept oriented UPSC Classes in Malayalam
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