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.
While providing employment, projects for reforestation and flood control can also help reclaim millions of hectares of soil from erosion and devastation.
For the first time in a decade, the dollar reached its highest value in the first half of the year 2022, buoyed by various conflicts among countries and the Russia-Ukraine war.
Piyush Goyal was addressing some of the country’s leading exporters and textile manufacturers, while inaugurating SIMA Texfair 2022 at Coimbatore.
In case of shocks in the global market India will feel an impact but we have space to absorb a shock since the internal market is in a good position: Sanyal
India’s Gross Domestic Product (GDP) is expected to grow 7.4 per cent in the current financial year 2022-23, according to the FICCI Economic Outlook Survey.
