India's GDP To Grow 8.1% In 2011, Second Only To China: UNCTAD

New Delhi, Sep 6: The Indian economy is likely to expand by 8.1 per cent in 2011, the fastest growth rate in the world after China, UN agency said today.

In its global release of Trade and Development Report 2011, the United Nations Conference on Trade and Development (UNCTAD) today said the India economy will grow by 8.1 per cent in 2011, against to 8.6 per cent in 2010, despite slowdown in developed nations and many other countries.

According to UNCTAD, only China will surpass India. The East Asian giant is likely to register a growth of 9.4 per cent in 2011 compared to 10.3 per cent in 2010.

From: http://ping.fm/B4ZxH