The Financial Survey is prone to undertaking a 6.3-6.8 per cent GDP development for the following fiscal 12 months, sources stated.
The Survey 2024-25, authored by Chief Financial Advisor V Anantha Nageshwaran and his crew, shall be tabled in Parliament this afternoon.
India’s GDP is projected to develop at a 4-year low tempo of 6.4 per cent within the present fiscal on weak manufacturing and investments, as per estimates of the Nationwide Statistics workplace.
That is decrease than the expansion projected in final 12 months’s Financial Survey of 6.5-7 per cent and the Reserve Financial institution of India’s 6.6 per cent estimate.
The Financial Survey, tabled yearly a day forward of the Union Price range, provides a broad roundup on macroeconomic efficiency of the continued fiscal and a glimpse of how the following fiscal is prone to pan out.
