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New Delhi<\/strong>: Finance Minister Nirmala Sitharaman is set to present the Economic Survey in Parliament on July 22, just before the Union Budget.<\/p>\n This survey acts as a report card for the economy and forecasts future growth. The document offers an in-depth look at the economic condition, prospects, and policy challenges, crafted by a team under the guidance of Chief Economic Adviser V Anantha Nageswaran.<\/p>\n It includes statistical data and analyses of different economic sectors, along with figures on employment, GDP growth, inflation, and the fiscal deficit.<\/p>\n India continues to be recognized as the fastest-growing major economy. The presentation of the Economic Survey coincides with the IMF\u2019s recent upgrade of India\u2019s economic growth forecast for FY25 to 7% from the 6.8% predicted earlier in April.<\/p>\n The IMF has adjusted India\u2019s growth forecast to 7% for this year, citing the rollover effect from the previous year\u2019s growth revisions and better prospects for private consumption, especially in rural areas.<\/p>\n The Reserve Bank of India, in June, increased its growth projection to 7.2% from 7%.<\/p>\n RBI Governor Shaktikanta Das highlighted that India\u2019s average growth over the past three years stands at 8.3%, with a 7.2% growth projection for the current year.<\/p>\n He also noted that in the fiscal year 2023-24, India contributed 18.5% to global growth, marking a significant leap from the figures 7 or 8 years ago. According to the IMF, this contribution is expected to rise further.<\/p>\n<\/div>\n [ad_2] [ad_1] New Delhi: Finance Minister Nirmala Sitharaman is set to present the Economic Survey in Parliament on July 22, just before the Union Budget. This survey acts as a report card for the economy and forecasts future growth. The document offers an in-depth look at the economic condition, prospects, and policy challenges, crafted by a […]<\/p>\n","protected":false},"author":1,"featured_media":35929,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[26],"tags":[],"class_list":["post-35928","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business"],"jetpack_featured_media_url":"https:\/\/thenftimes.com\/wp-content\/uploads\/2024\/07\/Nirmala-Sitharaman.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/posts\/35928","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/comments?post=35928"}],"version-history":[{"count":1,"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/posts\/35928\/revisions"}],"predecessor-version":[{"id":35930,"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/posts\/35928\/revisions\/35930"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/media\/35929"}],"wp:attachment":[{"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/media?parent=35928"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/categories?post=35928"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/tags?post=35928"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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