Despite the adverse effects of the epidemic, agricultural growth has not been negative

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- Aataapakarana Atapata: Dhawal Mehta

There is no need to be disappointed as there is no change in the income tax rate in the current budget. India does not have high income tax rates compared to other countries. If Omicron does not strike and is brought under control, then India's economy is recovering at a rate of 7.5 per cent between April 1, 2021 and March 31, 206. India's GDP Growth Rate of 7.5% Our Economy India's economic growth rate in 2016-2017 was 7.8%, in 2016-2017 it was 7.5%, in 2013-2040 it was 9% and in 2020-2021 it was negative 7.5%. As stated above, the F. During the year ending March 31, 203, India's national income is projected to grow by 7.5 per cent. We are not going to be too happy with this 7.5 per cent growth rate as it is calculated on the basis of declining national income in the next year but one can assure that at the end of the financial year we will have surpassed the national income before Kovid epidemic.

The wonders of the agricultural sector:

India's agricultural sector has done well and it has not allowed the growth rate of agriculture to be negative even during the Kovid epidemic. It has pushed back India's population growth rate. India's agricultural sector grew at a rate of 7.5 per cent during 2012-2050, at a rate of 7.5 per cent in 2020-2021 and at an estimated rate of 7.5 per cent in 2021-202. The worst victims of the Kovid epidemic are F.V. During 2016-2020, the manufacturing rate was negative at 4.5 per cent, construction at 2.7 per cent and the service sector at 4.5 per cent. Now all these sectors are showing positive growth. FA of 2030-2021. Despite being a year of epidemics, India's agricultural sector has been able to grow at a rate of 7.5 per cent that year, much to the astonishment of many economists.

Decline in Gross Investment:

In India, gross investment (including gross depreciation) has been above 40 per cent of GDP for many years but has been falling below 50 per cent in the last three years. It will be 6.1 per cent of GDP in 2020-2021, which will be 8.1 per cent of GDP in 2013-2014 and the projected 6.5 per cent of GDP in 2021-2050.

Decrease in people's consumption:

Apart from capital investment in India, household consumption expenditure (private consumption) also does not increase. How do businesses run if families do not spend enough? What is called 'Private Final Consumption Expenditure' in English. In 205, it is estimated to be Rs. It was ૨ 2.7 trillion in 2020. Thus, the decline in the percentage of both capital investment and consumption indicates that India's economy has returned to its pre-quid state. But the foundation of that recovery is not broad but narrow. India's national income fell by 7.5 per cent in 2020-2021, which is a lot, but India's average per capita income fell by 9 per cent that year. The Government of India's current year's revenue has not been able to meet its expenditure. Therefore, the government's fiscal deficit (fiscal deficit) will be 4.5 per cent this year and 4.5 per cent in 205-202. The government will resort to public debt to cover this deficit. Preparing to get closer.

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