The NCAER-NSE Business Expectations Survey for India: Second Quarter 2022–23
Hindustan TimesThe National Council of Applied Economic Research, one of India’s premier economic policy research think tanks, carried out the 122nd Round of its Business Expectations Survey in September 2022, with support from the National Stock Exchange of India Limited. Sentiments on three of the four BCI components softened - namely, ‘overall economic conditions will be better in the next six months’, ‘present investment climate is positive’ and ‘present capacity utilisation is close to or above optimal level’. The share of positive responses remained virtually unchanged between this round and the previous one for one component, ‘financial position of the firms will improve in the next six months’. Sentiments about increase in unit costs of raw materials and electricity in the next six months remained elevated but unchanged from the last round.