Tag: GDP growth

Pre Budget Economic Survey 2020-21 

ECONOMIC SURVEY 2020-21 Optimism over economic growth... Economic Survey projects a 11 per cent growth for 2021-22 and a 6.8 per cent growth for the year 2022-23. A big step-up in expenditure for health and infrastructure and a bold thrust on privatisation are among the other highlights. THE GDP GROWTH is set to increase by 11 per cent (15 per cent in nominal terms) in 2021-22. Chief Economic Adviser K Subramanian, author of the Survey, said deficit control exercise should be reserved for better times. Even IMF has urged support for growth in expenditure in critical situations as at present.

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This is the first budget of the second term of the Narendra Modi government. It’s a government that has a brutal majority in parliament...

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