As per latest United Nations’ World Economic Situation and Prospects (WESP) report 2019, India’s Gross Domestic Product (GDP) is expected to grow at 7.4% during 2018-19 and improve to 7.6% in FY20. The report also expected that India’s economy to expand by 7.4% in 2020-21. Referring to the global economy, the report said it would continue to grow at a steady pace of around 3% in 2019 and 2020 amid signs that growth has peaked. The report also highlighted that global trade tensions pose a threat to the economic outlook. The 2019 report offers timely warnings about a range of macroeconomic challenges facing policymakers as they aim to deliver on the 2030 Agenda for Sustainable Development.