India to grow at 8.1% in 2015-16: UN survey

However, the survey ranks India poorly - 14th among 16 Asian nations - in inclusive growth during 2000-12

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BS Reporter
Last Updated : May 15 2015 | 2:15 AM IST
A United Nations body on Thursday pegged India's economic growth at 8.1 per cent for 2015-16, quite higher than what other global agencies such as the International Monetary Fund and the World Bank have projected.

However, it ranked India poorly - 14th among 16 Asian nations - in inclusive growth during 2000-12. And, indentified job creation as a major challenge for policy makers.

In its Economic and Social Survey of Asia and Pacific, The UN Economic and Social Commission for Asia and the Pacific (ESCAP) projected economic growth a shade higher at 8.2 per cent for 2016-17 than in the current financial year. India's economy is officially estimated to have grown 7.4 per cent in 2014-15; the actual data would come this month-end.

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First Published: May 15 2015 | 12:34 AM IST