{"id":2310,"date":"2024-06-13T23:47:43","date_gmt":"2024-06-13T23:47:43","guid":{"rendered":"https:\/\/exam.pscnotes.com\/current-affairs\/?p=2310"},"modified":"2024-06-13T23:47:43","modified_gmt":"2024-06-13T23:47:43","slug":"economic-survey-2022-highlights","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/current-affairs\/economic-survey-2022-highlights\/","title":{"rendered":"Economic Survey 2022 Highlights"},"content":{"rendered":"

On the 31st of January 2022, Finance Minister Nirmala Sitharaman presented the Economic Survey 2021-22 to the Parliament.<\/p>\n

Highlights:<\/u><\/strong><\/p>\n

On the 31st of January 2022, Finance Minister Nirmala Sitharaman presented the Economic Survey 2021-22 to the Parliament.<\/p>\n

The pre-budget Economic Survey is a document that is presented to Parliament prior to the Union Budget to present the state of the economy<\/a> and make policy recommendations.<\/p>\n

A team led by Chief Economic Advisor wrote the pre-Budget Economic Survey (CEA).<\/p>\n

The Centre named economist V Anantha Nageswaran as the next CEA just days before the presentation.<\/p>\n

The Indian economy is expected to develop at an annual rate of 8-8.5 percent in the fiscal year 2022-23, according to the government (FY23).<\/p>\n

For the current fiscal year 2021-22 (FY22), the GDP Growth<\/a> rate is expected to be 9.2%. According to the Economic Survey, India will need to spend around USD 1.4 trillion on over the next five years to achieve a GDP of USD 5 trillion.<\/p>\n

The lack of major base effects in 2022-23 as compared to 2021-22 is the key reason for the lower projection.<\/p>\n

In fact, when these base effects were removed in Q3 and Q4 of 2021-22 and economic activity had begun to recover, the second half of 2021-22 saw only 5.6 percent growth.<\/p>\n","protected":false},"excerpt":{"rendered":"

On the 31st of January 2022, Finance Minister Nirmala Sitharaman presented the Economic Survey 2021-22 to the Parliament. Highlights: On the 31st of January 2022, Finance Minister Nirmala Sitharaman presented the Economic Survey 2021-22 to the Parliament. The pre-budget Economic Survey is a document that is presented to Parliament prior to the Union Budget to … Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[595],"tags":[616],"class_list":["post-2310","post","type-post","status-publish","format-standard","hentry","category-current-affairs","tag-02-02-22"],"yoast_head":"\nEconomic Survey 2022 Highlights - Current Affairs Exam<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/2024\/06\/13\/economic-survey-2022-highlights\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Economic Survey 2022 Highlights\" \/>\n<meta property=\"og:description\" content=\"On the 31st of January 2022, Finance Minister Nirmala Sitharaman presented the Economic Survey 2021-22 to the Parliament. 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