Highlights

  • Finance Minister says FY22 GDP growth estimated at 9.2%
  • virtuous cycle of investment expected to revive capex
  • Government focus since 2014 is on poor and marginalised

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Budget 2022: Finance Minister says FY22 GDP growth estimated at 9.2%

She also said virtuous cycle of investment is expected to revive on account of capex (capital expenditure) and crowd in private investment.

Budget 2022: Finance Minister says FY22 GDP growth estimated at 9.2%

Union Budget 2022: Finance Minister Nirmala Sitharaman on Tuesday said the country's economic growth is expected at 9.2 per cent in the current financial year, on the back of a sharp rebound in the economy.

She also said virtuous cycle of investment is expected to revive on account of capex (capital expenditure) and crowd in private investment.

"Government focus since 2014 is on poor and marginalised. The government strives to provide necessary ecosystem to middle class," Sitharaman said in her Budget speech 2022-23.

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The estimated GDP growth for FY22 is 9.2 per cent.

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