Question

As per the economic survey 2021-22 what is the estimated GDP growth of India in 2022-23?

• A. 10.0-10.5%
• B. 9.2-9.7%
• C. 8.2-8.7%
• D. 8.0-8.5%

Answer 1

Answer:

D. 8.0-8.5%

• The survey projected a GDP growth of 8.0-8.5% for the fiscal year 2022-23.

• This was a more conservative estimate compared to the International Monetary Fund's (IMF) projection of 9%.

• The projection was based on the assumption that there would be no further major pandemic-related disruptions, a normal monsoon season, and a withdrawal of global liquidity.

• The actual GDP growth for 2022–23 turned out to be higher than this estimate, at 7.2%, as per the National Statistical Office's (NSO) provisional data.