"Congress-ruled states Rajasthan and Himachal Pradesh have restored the OPS and there is a demand to restore OPS is also being raised in Maharashtra, Tamil Nadu and some other states," he added.
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
Indian economy is expected to grow at 7 per cent (in real terms) during the financial year ending March 2023, according to the Economic Survey for 2022-23 released on Tuesday.
Capital expenditure spending in India increased by 63.4 per cent in the first eight months of 2022-23, according to the Economic Survey document for 2022-23 which, projected the capex rise as another growth driver of the Indian economy.
Pakistan, which is an all-weather friend of Turkey, has chosen this point in its journey as a nation to praise Erdogan. Obviously, this cannot be without wanting something in return.
The discussion will revolve around Pakistan's plan for taking additional taxation measures to fetch over Rs 200 billion through a presidential ordinance, rationalizing expenditure, and hiking both electricity and gas tariffs for erasing the monster of the circular debt.
PM Modi exuded confidence that the House will discuss the policy-making of the country appropriately and asserted that the discussion would be beneficial for it in the long run.
The IMF in its note said: "Growth in India is set to decline from 6.8 per cent in 2022 to 6.1 per cent in 2023 before picking up to 6.8 per cent in 2024, with resilient domestic demand despite external headwinds."
Union finance minister Nirmala Sitharaman will table the pre-Budget document in the Parliament after President Droupadi Murmu's address to the joint sitting of the two houses of Parliament.
According to the update, IMF said growth in India is set to decline from 6.8 per cent in 2022 to 6.1 per cent in 2023 before picking up to 6.8 per cent in 2024, with resilient domestic demand despite external headwinds.
Pakistani's economy has reached rock bottom as the rupee plummeted to 250 against the US dollar and the value of currency depreciated, marking the worst economic crisis since the nation formed, Asian Lite reported.
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.