Economic Survey 2022 Live News: India on path to world’s fastest growth, says President Kovind in Budget Session speech
The Economic Survey for 2021-22, which is tabled in the Parliament ahead of Budget to present the state of the Indian economy and suggest policy actions, will be tabled by Finance Minister Nirmala Sitharaman today soon after the President’s Address to both Houses of Parliament.
Here’s what to watch out for:
- The pre-Budget Economic Survey is authored by a team led by Chief Economic Advisor (CEA)
- Days before the presentation, the Centre appointed economist V Anantha Nageswaran as the new CEA
- One of the most-watched numbers in the Economic Survey is the projection of GDP for the next fiscal
- The previous economic survey was presented in the midst of the Covid-19 pandemic
- Recovery optimism from the impact of the pandemic is likely to figure prominently in the current year’s economic survey
- High-frequency indicators like GST collections and corporate profitability are pointing towards significant upward movement
President Kovind highlighted the…