Economic Survey 2023 News

Bihar government released poverty survey. 94 lakh families with income less than Rs. 6 thousand. 34 percent poor population in Bihar. One fourth families in general category are poor

India is set to emerge as a global superpower, says Amit Shah India to witness GDP growth of 6.0 percent to 6.8 percent in 2023-24 The economy is expected to grow at 7 percent for the year ending March 2023

India's economy is projected to slow to 6.5 per cent in the fiscal year starting April but will remain the fastest-growing major economy in the world as it fared better in dealing with the extraordinary set of challenges the globe has faced, the Economic Survey 2022-23 said.

In her first address to the joint sitting of Parliament, President Droupadi Murmu said the country's aviation sector is also growing rapidly.

The Economic Survey said that India remains the fastest-growing major economy in the worldGDP in nominal terms has been projected at 11 per cent in next fiscal.

The Economic Survey for 2022-23, tabled in Parliament, listed various factors that are helping the civil aviation sector, including the UDAN scheme.

At least three shocks have hit the global economy since 2020, Economic Survey for 2022-23 has noted. Central banks across economies led by the Federal Reserve responded with synchronised policy rate hikes to curb inflation. The rate hike by the US Fed drove capital into the US markets causing the US Dollar to appreciate against most currencies.

 Finance Minister Nirmala Sitharaman tabled the Economic Survey for 2022-23 in the Lok Sabha on Tuesday soon after the President Droupadi Murmu's Address to both Houses of Parliament. 

Current Account Deficit may continue to widen: Survey The CAD continues to widen because of elevated global commodity prices. The country's CAD widened to 4.4% of GDP in the September quarter.

The Economic Survey 2022-23 was tabled in Parliament by Finance Minister Nirmala Sitharaman. The Survey details the state of economy in the current fiscal, while giving a sneak peek into the future.

Economic Survey 2023 LIVE Updates: The Economic Survey document will give insights into the state of the economy and various indicators in the current financial year 2022-23 (April-March) and outlook for the next year.

The Survey, which is tabled in Parliament by the Finance Minister ahead of the Union Budget, is being prepared by Principal Economic Advisor and other officials in absence of the Chief Economic Advisor (CEA), who traditionally is the main architect of the document.

The Budget session will have 27 sittings. The first part of the session will conclude on February 14. Parliament will reconvene on March 12 for the second part of the session and continue till April 6.