New Delhi: A UN report has said, India is expected to achieve 7 point 1 per cent growth this year as re-monetisation restores consumption, and infrastructure spending increases. The UN Economic and Social Commission for Asia and the Pacific or ESCAP launched its annual flagship report 'The Economic and Social Survey of Asia and the Pacific 2017' yesterday.

The report said, India's growth would edge up to 7.5 per cent next year. It however, warned that the country faces heightened risks related to the concentration of bad loans in the public sector banks.