What growth rate the Economic Survey 2021-22 had projected for the financial year ending March 2023?
Answer & explanation
Correct answer: option 2
The correct answer is Option (2) → 8-8.5%
The Economic Survey is presented in Parliament by the Finance Ministry a day before the Union Budget; it reviews the year gone by and gives an outlook for the next one.
The Economic Survey 2021-22, presented on 31 January 2022, projected India’s real GDP growth for 2022-23 (the year ending March 2023) at 8 to 8.5 per cent, after an estimated 9.2 per cent in 2021-22.