Union Finance Minister Nirmala Sitharaman on Monday tabled the Economic Survey 2023-24 in Parliament along with the statistical appendix ahead of the Budget for 2024-25 to be presented on Tuesday.
The Indian exports have been growing since financial year (FY) 2017 with the exception of slow down observed in FY 2020, the economic survey of 2023-24 revealed on Monday which was tabled in the parliament ahead of the union budget.
India's workforce is nearly 56.5 crore, with more than 45 percent employed in agriculture, 11.4 percent in manufacturing, 28.9 percent in services, and 13.0 percent in construction, highlights the Economic Survey 2023-24 released by the finance ministry on Monday.
India's economy carried forward the momentum it built in 2022-23 into 2023-24 despite a gamut of external challenges, the Economic Survey said. India's real GDP grew by 8.2 per cent in 2023-24, exceeding 8 per cent mark in three out of four quarters of 2023-24.
The global energy price index experienced a sharp decline in FY24. On the other hand, the Central Government announced price cuts for LPG, petrol, and diesel. As a result, retail fuel inflation stayed low in FY24, the Survey said.
The Indian economy is on a strong wicket and stable footing, demonstrating resilience in the face of geopolitical challenges, as per the Economic Survey 2023-24 tabled in the Parliament on Monday.
"I would like to request all parliamentarians to participate in all discussions in the House, no matter how ideologically opposed they are. Opposite ideologies are not bad, but negative ideologies are. That is when the limit of thoughts come to an end. The country does not need negativity
Indian markets started the week with a decline following global market weakness after U.S. President Joe Biden opted out of the presidential race. Indian markets are also facing selling pressure ahead of the Union Budget announcement by the government.
Union Finance Minister Nirmala Sitharaman will table the Economic Survey 2023-24 along with a statistical appendix in Parliament on Monday, a day ahead of the Union Budget.
The Economic Survey 2023-24 will be presented in Lok Sabha at 1 pm and in Rajya Sabha at 2 pm, followed by a press conference by Chief Economic Adviser Anantha Nageswaran.
He said Harris cares deeply about democratic issues like protecting a woman's right to choose or protecting workers rights and creating economic opportunities.