With global agencies pegging India as a ‘shining star’ amid global turmoil, the Economic Survey presented in Parliament on Tuesday looks ahead to the medium term while concluding that the pandemic response and recovery phase is now over. 1. Survey sees economy growing a tad slower GDP growth seen in a 6.1-6.8% range with a … Read more
The Economic Survey 2022-23 is a conservative, low-key document with no great rhetorical or policy flourishes. Such Surveys are not reliable indicators of the budget to follow. But one can hazard a guess that Wednesday’s budget will also be fiscally prudent and conservative. The Survey projects GDP growth in the current fiscal year at 7%, … Read more
President Droupadi Murmu with Vice President Jagdeep Dhankhar, Lok Sabha Speaker Om Birla and Prime Minister Narendra Modi arrive at Parliament House to attend first day of Budget session in New Delhi on January 31, 2023. | Photo Credit: Shiv Kumar Pushpakar In her maiden address to the joint sitting of both Houses of parliament … Read more
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The International Monetary Fund (IMF) on Tuesday said it is expecting some slowdown in the Indian economy next fiscal year and projected the growth to 6.1 % from 6.8% during the current fiscal ending March 31. “Our growth projections actually for India are unchanged from our October Outlook. We have 6.8% growth for this current … Read more