Budget 2022: Economic Survey pegs this year GDP at 9.2% next year 8-8.5% GDP growth in FY23

Updated : Jan 31, 2022 12:58
|
EJ Biz Desk

Budget 2022: Setting the stage for a swift recovery the Economic Survey tabled in parliament pegs growth for India at 9.2% this year and between 8-8.5% next year. 

Economic Survey says growth will be 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.”

The annual survey analyses India's economic growth, fiscal stance, state of banking, among others.

Also read/watch | Budget 2022: Is it worth being ‘fiscally’ fit right now?

Budget 2022GDP

Recommended For You

editorji | Business

RBI trims policy interest rate by 25bps to 5.25pc, loans to get cheaper

editorji | Business

Rupee slumps to all-time low of 90.25 against US dollar in intra-day trade

editorji | Business

Reliance completes merger of Star Television Productions with Jiostar

editorji | Business

India to lead emerging market growth with 7pc GDP rise in 2025: Moody’s

editorji | Business

Nifty hits record high after 14 months; Sensex nears all-time peak