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| Economic Survey 2021-22: India GDP growth 8 to 8.5 pc in 2022-23 |
Our Daily Current Affairs Dose 2022 will help you to crack the General Awareness section of Banking Insurance SSC Railway UPSC and all government jobs exams.
Economic Survey 2021-22: India GDP growth 8 to 8.5 pc in 2022-23
Finance Minister Nirmala Sitharaman tabled the Economic Survey 2021-22 in Parliament. According to the Economic Survey India will witness GDP growth of 8 to 8.5 per cent in 2022-23, supported by widespread vaccine coverage, gains from supply-side reforms and easing of regulations, robust export growth, and availability of fiscal space to ramp up capital spending.
Read Also: Economic Survey 2021-22: Key Highlights with Details
The growth projection for 2022-23 is based on the assumption that there will be no further debilitating pandemic related economic disruption, monsoon will be normal, withdrawal of global liquidity by major central banks will be broadly orderly.
Referring to First Advance Estimates, the Survey states that the Indian economy is estimated to grow by 9.2 per cent in real terms in 2021-22, after a contraction of 7.3 per cent in 2020-21.
Important facts for upcoming exams from the above Current Affairs Topic
- President of India: Ram Nath Kovind
- Vice President of India: Venkaiah Naidu
- Prime Minister of India: Narendra Modi
- Chief Justice of India: N. V. Ramana
- Lok Sabha Speaker of India: Om Birla
- Capital of India: New Delhi
- Largest city of India: Mumbai
- Official languages of India: Hindi / English
- Currency of India: Indian rupee (₹) (INR)
- Total Population of India 2018 estimate: Neutral increase 1,352,642,280
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