Economics

Finance Minister Tables Economic Survey 2021-22 In Lok Sabha

PTI

Jan 31, 2022, 12:56 PM | Updated 01:52 PM IST


Finance Minister Nirmala Sitharaman
Finance Minister Nirmala Sitharaman

New Delhi, Jan 31 (PTI) Finance Minister Nirmala Sitharaman on Monday presented the Economic Survey that details the state of the economy ahead of the government's Budget for the fiscal year beginning April 1, 2022.

It projects an 8-8.5 per cent growth rate for the Indian economy in 2022-23 fiscal year (April 2022 to March 2023).

This compares to 9.2 per cent GDP expansion projected by the National Statistical Office (NSO).

The Economic Survey 2021-22, details the state of different sectors of the economy as well as reforms that should be undertaken to accelerate growth.

The gross domestic product (GDP) contracted by 7.3 per cent in 2020-21.

The Survey focuses on supply-side issues to improve the resilience of the Indian economy.

(This story has been published from a wire agency feed without modifications to the text. Only the headline has been changed.)


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