{"id":3506,"date":"2024-06-14T00:11:07","date_gmt":"2024-06-14T00:11:07","guid":{"rendered":"https:\/\/exam.pscnotes.com\/current-affairs\/?p=3506"},"modified":"2024-06-14T00:11:07","modified_gmt":"2024-06-14T00:11:07","slug":"indias-gdp-growth-set-to-surpass-7-2-says-cea","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/current-affairs\/indias-gdp-growth-set-to-surpass-7-2-says-cea\/","title":{"rendered":"Indias GDP growth set to surpass 7.2%, says CEA"},"content":{"rendered":"<p>Digital technology will be a major contributor to the countrys GDP <a href=\"https:\/\/exam.pscnotes.com\/growth\">Growth<\/a> this decade, saidVAnantha Nageswaran, chief economic adviser, Government of India. He was speaking at the  interaction organised by the Associated Chambers of Commerce and Industry of India (Assocham) in the city.<\/p>\n<p>He said that capital <a href=\"https:\/\/exam.pscnotes.com\/investment\">Investment<\/a> and digital technology will help achieve positive growth as online usage in India is well ahead of the largest digital <a href=\"https:\/\/exam.pscnotes.com\/economy\">economy<\/a> with respect to digital payment. My expectation is that capital investments by businesses, which was absent last decade, will add about 0.3% to 0.5% to growth of GDP and digital economy another 0.3% to 0.5%, he said.<\/p>\n<p>Indias <a href=\"https:\/\/exam.pscnotes.com\/real-gdp\">Real GDP<\/a> growth for the year ending March 2023 was 7.2%, surpassing expectations. The final number will be higher than 7.2% as the underlying momentum in the economy is quite strong, he added.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Digital technology will be a major contributor to the countrys GDP Growth this decade, saidVAnantha Nageswaran, chief economic adviser, Government of India. He was speaking at the interaction organised by the Associated Chambers of Commerce and Industry of India (Assocham) in the city. He said that capital Investment and digital technology will help achieve positive &#8230; <a title=\"Indias GDP growth set to surpass 7.2%, says CEA\" class=\"read-more\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/indias-gdp-growth-set-to-surpass-7-2-says-cea\/\" aria-label=\"Read more about Indias GDP growth set to surpass 7.2%, says CEA\">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":[877],"class_list":["post-3506","post","type-post","status-publish","format-standard","hentry","category-current-affairs","tag-18-19-06-23"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Indias GDP growth set to surpass 7.2%, says CEA - 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\/14\/indias-gdp-growth-set-to-surpass-7-2-says-cea\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Indias GDP growth set to surpass 7.2%, says CEA\" \/>\n<meta property=\"og:description\" content=\"Digital technology will be a major contributor to the countrys GDP Growth this decade, saidVAnantha Nageswaran, chief economic adviser, Government of India. He was speaking at the interaction organised by the Associated Chambers of Commerce and Industry of India (Assocham) in the city. He said that capital Investment and digital technology will help achieve positive ... 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