Estimated GDP estimated to be 8-8.5% : Union Finance Minister Sitharaman

2022-23 Economic Survey

New Delhi – The budget session of Parliament has started on 31st January. On the first day, Union Finance Minister Nirmala Sitharaman presented the Economic Survey for the year 2021-22 in the Lok Sabha. According to the survey, the economic growth rate in the year 2022-23 is estimated to be 8 to 8.5%. This is lower than the 9.2% growth forecast for the current financial year. Economic Survey includes the state of India’s economy, last year’s audit and next year’s forecast, challenges and solutions. The economic survey is presented one day before the budget.

The budget session of Parliament began this morning with a speech by President Ramnath Kovind. Addressing both the Houses of Parliament, he informed about the schemes being implemented since the Covid-19 epidemic to date.

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