Key takeaways

Key takeaways

The Economic Survey forecasts GDP growth at 6.5% for 2024

The Economic Survey forecasts GDP growth at 6.5% for 2024

Despite a lower growth forecast, the pace would still make India's growth the fastest among big economies

Despite a lower growth forecast, the pace would still make India's growth the fastest among big economies

The government hopes for 6.5% to 6.8% growth owing to certain advantages the country has amid economic disruption caused by the COVID-19 pandemic

The government hopes for 6.5% to 6.8% growth owing to certain advantages the country has amid economic disruption caused by the COVID-19 pandemic

Photo: Sumit Kumar

Economic Survey cited limited health and economic fallout for the rest of the world from the current COVID surge in China

With advanced economies facing recessionary tendencies, India’s inflation remains below 6%, which will help the flow of money into

With advanced economies facing recessionary tendencies, India’s inflation remains below 6%, which will help the flow of money into

The economic growth will be supported by "solid domestic demand and a pickup in capital investment", the government said

The economic growth will be supported by "solid domestic demand and a pickup in capital investment", the government said

Photo: Sumit Kumar

However, risks are also high, especially from global factors

However, risks are also high, especially from global factors

Finance Minister Nirmala Sitharaman will present her fifth Union Budget on February 1, 2023

Finance Minister Nirmala Sitharaman will present her fifth Union Budget on February 1, 2023

FM Sitharaman may tweak income-tax slabs to provide relief to the nation’s middle class

FM Sitharaman may tweak income-tax slabs to provide relief to the nation’s middle class