Economic Survey 2023 key highlights: Borrowing rate stays high, GDP to grow at 6-6.8%
1 year, 10 months ago

Economic Survey 2023 key highlights: Borrowing rate stays high, GDP to grow at 6-6.8%

India TV News  

The Economic Survey for 2023-24 was tabled in Parliament on Tuesday, a day before Finance Minister Nirmala Sitharaman would present the Union Budget before the Parliament. The Economic Survey 2022-23 forecasts nominal GDP growth of 11% and real GDP growth of 6.5 percent in FY 24. Current Account Deficit The Economic Survey warns that the difficulty of the falling rupee, while outperforming most other currencies, remains, with the possibility of more policy rate hikes by the US Fed. The CAD may expand more if global commodity prices remain high and economic growth momentum remains robust.

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