TNPSC Thervupettagam

Economic and Social Survey of Asia and the Pacific 2021 report

April 9 , 2021 1201 days 981 0
  • A report ‘Economic and Social Survey of Asia and the Pacific 2021: Towards post-Covid-19 resilient economies’ has been released recently.
  • The report is released by United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP).
  • According to the report, India is estimated to record an economic growth of 7% in 2021-22,
  • The previous fiscal witnessed a contraction of 7.7% on account of the pandemic’s impact on normal business activity.

UNESCAP

  • The UNESCAP is the regional development arm of the United Nations for the Asia-Pacific region.
  • It has 53 Member States and 9 Associate Members from Asia-Pacific Region including India.

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