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Economic Survey 2023 LIVE: FY24 GDP Growth Estimated at 6-6.8%, CEA Says India Will Perform Better in This Decade

Parliament Budget Session 2023 LIVE: After President's address, the Economic Survey will be tabled which will give insights into the state of the economy and various indicators in the current financial year 2022-23.

Updated: January 31, 2023 4:53 PM IST

By India.com News Desk | Edited by Surabhi Shaurya

Economic Survey 2023 LIVE: FY24 GDP Growth Estimated at 6-6.8%, CEA Says India Will Perform Better in This Decade

Parliament Budget Session 2023 LIVE: Budget Session 2023 has commenced with President Droupadi Murmu addressing the joint sitting of both houses in the Central Hall, Parliament. After her address, the Economic Survey will be tabled which will give insights into the state of the economy and various indicators in the current financial year 2022-23. All eyes, on the other hand, will be set on Finance Minister Nirmala Sitharaman as she will present the last full-fledged Union Budget of the Modi government before the 2024 Lok Sabha elections on February 1. Meanwhile, Opposition parties are expected to corner the government on a slew of issues like inflation, unemployment, controversial BBC documentary etc. Stay tuned to India.com for all the updates on Budget Session 2023.

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    Economic Survey 2023 LIVE:

    Survey projects economic growth rate to be 6.5% for the next financial year. The range is 6-6.8%: Chief Economic Advisor Dr V Anantha Nageswaran
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    Credit growth picking up across different sectors. MSMEs, large industries, services, non-food credit — all growing at more than double-digit rates: Chief Economic Advisor Dr V Anantha Nageswaran
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    Economic Survey 2023 LIVE:

    As the private sector investor begins to kick in and as construction sector comes back to life, the employment scenario will pick up as it did in the first decade as well: Chief Economic Advisor Dr V Anantha Nageswaran
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    Urban unemployment ratio came down from 20% (pandemic peak) to 7%. And the worker population ratio has picked up from 35% to 45%: Chief Economic Advisor Dr V Anantha Nageswaran
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    National Monetisation Pipeline is going to unlock the productivity of public assets through leasing or outright sale: Chief Economic Advisor Dr V Anantha Nageswaran
  • 2:38 PM IST

    Economic Survey 2023 LIVE: Recovery of economy is complete; non-banking and corporate sectors now have healthy balance sheets, hence, we don’t have to speak of pandemic recovery anymore, we have to look ahead to the next phase, said Chief Economic Advisor Dr V Anantha Nageswaran

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Published Date: January 31, 2023 12:40 PM IST

Updated Date: January 31, 2023 4:53 PM IST