India’s economy to attain size of USD 34.7 trillion by 2047: PHDCCI
The Indian economy is displaying robust growth post Covid pandemic despite continued global headwinds, the industry body said.
The Indian economy is displaying robust growth post Covid pandemic despite continued global headwinds, the industry body said.
The growth projection for the current fiscal is lower than the Reserve Bank of India (RBI) and government’s projection of 7 per cent.
Coming as a positive development for the Indian economy, the Fitch rating agency has raised its estimate for India's economic growth for this fiscal year and next.
She highlighted that the Direct Benefit Transfer of Rs 34 lakh crore using PMJDYY has led to Rs 2.7 lakh crore of savings of the government.
The Finance Ministry’s review of the Indian Economy, a document which runs over 70 pages, takes stock of the state of the country’s economy and its journey in the last 10 years.
The decline in the youth unemployment rate has been led by the states with a larger share of the young population, the Finance Ministry said in a review of the Indian economy.
Speaking at the presentation of the SCOPE awards here, Dhankhar said, “Public sector is our pride. It is the spine of the Indian economy.”
The Indian economy emerges as a beacon of resilience, standing strong despite the headwinds of a global economic slowdown.
With crude oil prices falling to a 4-month low in the international market, the Indian economy is expected to get a shot in the arm.
Kharge, who is the Leader of Opposition in Rajya Sabha, also posed a volley of questions to the ruling Bharatiya Janata Party (BJP) and asserted that poor and middle class are “suffering” under the present government.
