Chief Economic Advisor Dr V Anantha Nageswaran on Saturday lauded the estimated 7.2 per cent real GDP growth in 2022-23 and expressed confidence that when the final numbers for the fiscal are frozen in early 2026, the growth will be higher
The Indian economy is expected to grow in a range of 6.5-7 per cent in the current financial year 2023-24 per cent, said Chief Economic Advisor Anantha Nageswaran.
Retail inflation or (Consumer Price Index) peaked at 7.8 per cent in April 2022 to an 18-month low of 4.7 per cent in April 2023, driven by a reduction in food and core inflation. In some advanced countries, inflation had in fact touched a multi-decade high and even breached the 10 per cent
Mumbai (Maharashtra) [India], May 25: Sahamati, an Alliance for the Account Aggregator Ecosystem, successfully conducted 'SamvAAd-2023', the first-ever Annual Conference for Account Aggregator sector. The one-day event, held on May 24, 2023, saw participation from over 900 delegates from
Chief Economic Advisor V Anantha Nageswaran on Thursday said that data available on usage of international credit cards points out that tax collection at source mechanism has been "abused" and these "volumes involved were fairly substantial"
The two-day meeting was co-chaired by V Anantha Nageswaran, Chief Economic Adviser, Ministry of Finance and Clare Lombardelli, Chief Economic Adviser, UK Treasury.
In a virtual briefing on the GDP numbers, CEA said, "We maintain as we have mentioned in the economic survey, the growth forecasts are 6.5 per cent for 2023-24. If you look at where we are, in terms of the advanced estimates, manufacturing on the face of it appears to have slowed down in rea
The CEA said, "General government spending with both the Union and the state governments put together, education has gone up from Rs 5.3 lakh crore to Rs 7.6 lakh crore and healthcare almost more than double in the last three years."
During the press conference which took place after the Survey was presented in the House today, CEA Nageswaran said, "Recovery of economy is complete; non-banking and corporate sectors now have healthy balance sheets, hence, we don't have to speak of pandemic recovery anymore, we have to loo
The Economic Survey document, formulated under the supervision of the chief economic adviser V Anantha Nageswaran, will give insights into the state of the economy and various indicators in the current financial year 2022-23 (April-March) and some outlook for the next year.
India's growth estimates, which were to the north of 8 per cent or even 9 per cent at the beginning of the year, have come down to between 6.8 per cent and 7 per cent, because global growth has slowed down and monetary tightening is still underway in the developed world, the CEA said.