New Delhi, February 1: As Economic Survey 2022 was presented in the parliament by Finance Minister Nirmala Sitharaman on Monday, All India Association of Industries President Vijay G. Kalantri has given a hopeful insight following the Economic Survey which depicts that the Economic Survey 2022 envisage better forecast.
All India Association of Industries President Vijay G. Kalantri said, “High Foreign Reserve, better investment, good exports and buoyant revenue will enable the government to meet the fiscal commitments & challenges for better economic growth,”
According to Kalantri besides the forecasted GDP growth for F.Y 2023 & besides all-sectors growth, there may also be an inducement growth to the extent of 20% which was a loss during covid time.
However, what’s concerning is inflation & employment generation.
Kalantri states that besides GDP forecast of 8.5% for the F.Y-2023, besides agriculture growth of 3.9% Industrial growth of 11.8% coupled with services growth of 8.2%, besides there may be also an inducement growth to the extent of 20% which was a lost of during the covid time, However, inflation is a matter of concern besides the employment generation.
