UNDESA: World Economic Situation & Prospects 2026

Undesa: World Economic Situation & Prospects 2026

View January 2026 Crrent Affairs

News Context: UNDESA projects India to be the fastest-growing major economy at 7.4% for FY 2025–26.

  • Drivers of Growth:
  • Strong Domestic Demand: Resilient private consumption.
  • Investment Cycle: A "crowding-in" effect where government capex leads to private sector investment.
  • Digital Public Infrastructure (DPI): High efficiency in service delivery via the "India Stack."
  • Challenges: The report warns of "imported inflation" due to global supply chain disruptions and geopolitical volatility.
  • Wholistic Insight: Compare this with IMF's "World Economic Outlook." While global growth is slowing, India’s "Decade of Development" is supported by demographic dividends and structural reforms like the GST and IBC.
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