Economic survey presented in Parliament, 11% economic growth forecast for FY 2021-22

New Delhi, 29/1 (AO bureau): The budget session has started in Parliament from today. Finance Minister Nirmala Sitharaman has put an economic survey on the floor of the Lok Sabha. In this time’s economic survey, the economic growth for the financial year 2022 has been estimated at 11 percent. The economic growth rate is expected to shrink by 7.8 percent in FY 2021. For FY 2022, nominal GDP has been estimated at 15.4 percent. We Shaped Recovery in the economy is projected. The Economic Survey of this time is special in many respects. The economy suffered a major setback due to the Coronavirus epidemic. There are many such information and statistics related to the economy in the survey, which will be looked at by many people.

The Economic Survey estimates GDP growth for the next financial year also matters because it gives information about how fast the government expects the economy to recover. The survey also has a roadmap for the Indian economy. Also, in order to become a 5 trillion dollar economy, many things have been given special attention.