India Development Report: World Bank
In its "Navigating the Storm" India Development Report, the World Bank (WB) revised its estimate of 6.9% growth for India's economy in 2022–2023.
India's GDP (Gross Domestic Product) growth forecast was lowered by the World Bank in October 2022 from 7.5% to 6.5%.
Which points stand out the most?
Growth Projection: The Bank predicts that the Indian economy will expand at a slightly slower 6.6% rate in 2023–2
Circular Economy
As part of its initiative to promote sustainability, the United Nations Development Programme (UNDP) initiated a campaign to develop an inclusive circular economy.
Important aspects of the campaign:
To create a sustainable paradigm for plastic waste management in India, the project is an expansion of an already-existing cooperation under UNDP's flagship Plastic Waste Management Programme.
Managing plastic trash from beginning to finish by encouraging: