Highlights

The Survey projected a GDP growth rate in the range of 8-8.5% for the next fiscal 2022-23 (FY23)
The economy is projected to grow at 9.2 per cent in the current fiscal.

Latest news

iQOO Buds Review: Monster Battery and Serious Gaming Chops for under ₹2,000

Repo rate today at 5.25%: how long an RBI decision takes to reach your home loan interest rate

CMF Buds Neo Review: 35dB ANC, 52-Hour Battery and Incredible Value

iQOO Z11 Review: A Balanced Mid-Range Powerhouse

Samsung Galaxy Watch 9 Review: Familiar, Faster And Better Where It Matters

Samsung Galaxy Watch Ultra2 Review: A Smarter, Tougher and Longer-Lasting Ultra

Gabit Smart Ring Review: A Better Way To Track Your Health?

Xiaomi Power Bank 5i 20000 67W Review: A Powerful Travel Companion

Budget 2022: Govt makes case for higher spending, fiscal space in Eco Survey

Name: Budget 2022: Govt makes case for higher spending, fiscal space in Eco Survey
Uploaded: 2022-01-31T13:33:41.000+05:30
Duration: T00M53S
Channel: EJ Biz Desk
Description: Budget 2022: Let the money flow! The Economic Survey has cued the tune of spending for the Budget 2022.

Fiscal deficit for FY'22 likely to meet estimates of 6.8% and reduce to 6.1% in the coming fiscal year.

Updated: Sep 02, 2022 10:53

EJ Biz Desk

Join our WhatsApp Channel

Budget 2022: Govt makes case for higher spending, fiscal space in Eco Survey

Budget 2022: Let the money flow! The Economic Survey has cued the tune of spending for the Budget 2022. The digital copy of the document highlights the 'space' North Block has to keep growth supported while keeping an eye on fiscal fitness

Here is what the Economic Survey states-:

• Economy well placed to take on challenges of FY23

• The strong revival in revenues in FY22 means that Government has fiscal space to provide additional support if necessary

• Financial system in a good place to support revival

The fiscal deficit for 2022 is pegged at 6.8% is likely to meet the budget estimates due to buoyant tax revenues even if the govt does not cash in LIC divestment this year.

Budget subsidy spend - Govt said to spend another $40 billion on food, fertiliser

Frequently Asked Questions

What is the government's fiscal space based on, according to the Economic Survey?❯

The strong revival in revenues in FY22 provides the government with fiscal space to provide additional support if necessary.

What is the stated fiscal deficit for 2022?❯

Is the 2022 fiscal deficit expected to meet its budget estimates?❯

What is the projected fiscal deficit for the coming fiscal year?❯

How does the Economic Survey assess the economy's position for the upcoming year?❯

Up Next

Budget 2022: Govt makes case for higher spending, fiscal space in Eco Survey

Repo rate today at 5.25%: how long an RBI decision takes to reach your home loan interest rate

Step-by-step guide to apply for a mortgage loan online with minimal documentation

Honda Activa 6G: Everything You Need to Know Before Buying

How much does a ULIP plan really cost? A break-down of all charges

Centre plans to borrow Rs 8.20 lakh cr from market in first half of FY27

Highlights

Latest news

Budget 2022: Govt makes case for higher spending, fiscal space in Eco Survey

Here is what the Economic Survey states-:

Frequently Asked Questions

Up Next

More videos

Categories