Economic Survey: An Economic Survey has been released in Parliament
New delhi date. 29 January 2021, Friday
The country's Economic Survey for the year 2020-21 was presented to Parliament by Finance Minister Nirmala Sitaram today. According to the survey, the country's GDP will be minus 7.7 per cent in the current financial year, which is projected to decline by 7.7 per cent.
According to the survey, the next year will see an improvement in the country's economy and growth of 11 per cent. The country's economy has slowed down due to the lockdown imposed by Corona.
Most of the rating agencies have also announced that the country's GDP could shrink by up to 10 per cent in the current year. In the first quarter of the current financial year, GDP fell by 24 per cent.
The government presents an economic survey before the budget every year. According to the survey, the agriculture sector presents a promising picture for the country's economy, while construction and communication-based services have been hit hardest by Kovid.
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