Economic Survey 2023 PDF Download

Economic Survey 2023 Overview

Economic Survey 2023: India is to witness GDP growth of 6.0 percent to 6.8 percent in 2023-24, depending on the trajectory of economic and political developments globally.

The optimistic growth forecasts stem from a number of positives like the rebound of private consumption giving a boost to production activity, higher Capital Expenditure (Capex), near-universal vaccination coverage enabling people to spend on contact-based services, such as restaurants, hotels, shopping malls, and cinemas, as well as the return of migrant workers to cities to work in construction sites leading to a significant decline in housing market inventory, the strengthening of the balance sheets of the Corporates, a well-capitalized public sector bank ready to increase the credit supply and the credit growth to the Micro, Small, and Medium Enterprises (MSME) sector to name the major ones.

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The Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman tabled the Economic Survey 2022-23 in Parliament today, which projects a baseline GDP growth of 6.5 percent in real terms in FY24. The projection is broadly comparable to the estimates provided by multilateral agencies such as the World Bank, the IMF, and the ADB and by RBI, domestically.

It says growth is expected to be brisk in FY24 as a vigorous credit disbursal, and the capital investment cycle is expected to unfold in India with the strengthening of the balance sheets of the corporate and banking sectors. Further support for economic growth will come from the expansion of public digital platforms and path-breaking measures such as PM GatiShakti, the National Logistics Policy, and the Production-Linked Incentive schemes to boost manufacturing output.

economic survey 2023
economic survey 2023

Economic Survey 2023 PDF Download Link is Available Below in the Article, Download the PDF of the Economic Survey 2022-23 List using the Direct Link Given at the Bottom of the Content.

PDF NameEconomic Survey 2023 PDF
No of Pages414
PDF Size13.6 MB
PDF CategoryGovernment
Published/Updated01 February 2023
Source/Creditwww.indiabudget.gov.in
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