Economic Survey: Growth projected at 8-8.5% in 2022-23; economic activity recovers to pre-pandemic level

Finance Minister Nirmala Sitharaman on Monday presented the Economic Survey that details the state of the economy ahead of the government's Budget for the fiscal year beginning April 1, 2022. It projects an 8-8.5 per cent growth rate for the Indian economy in 2022-23 fiscal year (April 2022 to March 2023). This compares to 9.2 per cent GDP expansion projected by the National Statistical Office (NSO).

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