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Showing posts from January, 2022

Economic Survey: India completely out of the economic effects of the epidemic

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- Government policies saved the economy, now the country is ready for the future Ahmedabad. Monday, January 31, 2022 The budget is in the final stages of 2022-23 and the country's economy has recovered from the effects of the Corona epidemic, according to an economic survey released on Monday. The steps taken by the Indian government, the improvement seen in the Indian economy, show that the effects of the epidemic are now over and a bright future awaits India. Nowhere in the 415 pages of the survey is it mentioned that the economy needs any relief, a change in the policies adopted by the central government. The path taken by the government is the best! If crude oil prices average 70 70-75 per barrel (currently 88 88-91), the country's economic growth rate will be 8 to 8.5 percent in 2022-23, the survey said. GDP growth is expected to be 9.2 per cent in the current financial year, which means it will decline next year. According to the survey, the central government's n...

Economic Survey 2022: GDP could be 8-8.5% in next financial year, projected to be 9.2% in 2021-22

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- Consumption has increased by 7% in the current financial year with a large contribution from the government New delhi date. Monday, January 31, 2022 The Economic Survey 2022 was presented to Union Finance Minister Nirmala Sitaram today, January 31. At the same time, the proceedings of the Lok Sabha have been adjourned till tomorrow. The economic survey presents the whole picture of the economy and has a year-round blueprint. It is the mainstay of the budget. It has expressed the possibility of a slowdown in the growth rate in the next financial year 2022-23. Growth is projected at 9.2 per cent in the current financial year and 8 to 8.5 per cent in the next financial year. - In the current financial year (2021-22), the growth of agriculture sector will be 3.9 percent. Growth in the industrial sector is projected to be 11.8 per cent during the current financial year. - Growth in the services sector is expected to be 8.2 per cent during FY2021-22. - Exports may increase by 16.5 p...

Economic Survey 2022: 8.5% economic growth rate in 2022-23

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Ahmedabad. Monday, January 31, 2022 Just a moment ago, Finance Minister Nirmala Sitharaman presented the Economic Survey for the year 2021-22 in Parliament. According to the survey, the country's economic growth rate is expected to be 8 to 8.5 percent in the 2022-23 financial year. It should be noted here that the economic growth rate is estimated to be 9.5 per cent in the year 2021-22. This means that the country's economy is likely to slow down next year, according to the Economic Survey. Survey indicates government spending will increase, investment may increase The survey, released today, gives a clear indication that the country's economy is growing, and as the size of the tax increases, the government has enough space to support the economy by increasing spending next year, investing more. This means that the central government may increase its spending in the budget to be presented on Tuesday. It is assumed that the total expenditure in the Central Government Bud...

The rich class flourished; The poor got poorer: Budget 2022-23

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- Dr. Jayanarayana Vyas - Budget on Tuesday: MSME sector seeks relief in budget: Small businesses contribute heavily to country's economy - 5% reduction in income of poor family: while income of rich family increased by 3% It is said that the government's budget is not Mehtaji's balance sheet. The budget presents the details of what the government wants to spend for development in the future and where and how it wants to raise the money needed to spend it. For this reason, the budget of the state or central government is a policy document which indicates the work to be done in the future. There was a time when people used budgets to calculate income tax, sales tax, central excise, customs duty as well as income tax and decide what would be more expensive and what would be cheaper. Today, the central government makes announcements that affect the expenditure and revenue of the central government in one way or another, almost throughout the year. So the importance of the ...