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  Rashtriya Sahara Roznama Sahara
Budget 2022: FM Sitharaman tables Economic Survey; GDP estimate for FY23 is at 8-8.5%
Last Updated : 31 Jan 2022 01:36:08 PM IST
 Finance Minister Nirmala Sitharaman
Finance Minister Nirmala Sitharaman

 

Finance Minister Nirmala Sitharaman on Monday tabled the Economic Survey in Parliament along with the statistical Appendix. The Economic Survey has provided details pertaining to the state of the economy ahead of the Union Budget for the fiscal year beginning April 1, 2022.

GDP PROJECTIONS
 
The Economic Survey has predicted 8 to 8.5 per cent Gross Domestic Product (GDP) growth in FY23 (April 2022 to March 2023). For the ongoing FY22, the GDP growth has been projected at 9.2 per cent.
 
Total consumption is estimated to have grown by 7.0 per cent in 2021-22 with significant contributions from government spending.
 
Agriculture and allied sectors are expected to grow by 3.9 per cent in 2021-22.
 
The Services sector is estimated to grow by 8.2 per cent in the ongoing financial year.


IANS
New Delhi
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