Discover and read the best of Twitter Threads about #EconomicSurvey2022

Most recents (9)

I finally got a chance to look more closely at the #EconomicSurvey2022 numbers and really surprised with some of the numbers - particularly with respect to health. A few examples:
As a share of the GDP, India spent the same proportion in 2019-20 as it did in 2015-16, i.e. 1.3% on Health. In fact, 2019-20 was lower than the previous year. (the commitment increase public health spending to 2.5% of GDP by 2025, which was made pre-pandemic & said for yrs)
The survey speaks about health prioritisation - but as a share of total expenditure which can be a proxy for prioritisation, again 2019-20 (pre pandemic) was the same as 2016-17 (5%).
Read 5 tweets
This is how "Bharatvarsh" has progressed over the years.
Net Sown Area has increased to 156.8 Million Hectare in 2020-21, from 127.4 Million Hectares in 2005-06.

Commercial Bank Branches have increased to 1,22,976 as of March, 2021, from 74,130 in March, 2011.

Read 30 tweets
🇮🇳 Economic Survey for 2021-22 released.

👇Detailed thread of 440 page survey.!🧵

Some very interesting data points 📚

RT for reach🗣️
> Indian economy is expected to witness real GDP
expansion of 9.2% in 2021-22.

> Agriculture and allied sectors have been the least impacted by the pandemic and the sector is expected to grow by 3.9%

> GVA of Industry (including mining and
construction) will rise by 11.8%.
> Indian economy is in a good position to witness GDP growth of 8.0-8.5% in 2022-23.

> Foreign exchange reserves at US$ 634 bn on 31st Dec 2021. This is equivalent to 13.2 months of merchandise imports & is higher than the country’s external debt

> India’s CPI inflation at 5.6%
Read 36 tweets
Gita Gopinath says,India to become $4 trillion by 2024-25,which is excellent,despite a debilitating pandemic

#LargestVaccineDrive under #PMModi is working wonderfully well

My thread on #EconomicSurvey2022,which shows,Growth,under @narendramodi govt,is on track

Industrial growth estimated at 11.8% &Services at 8.2% in FY22 show how Economy under @narendramodi is ready to fire on all cylinders

Most Growth Parameters are back to pre-Pandemic levels,as India heads into #UnionBudget2022

#GDP&GVA growth 1.3%&1.9% over Pre #COVID19 levels
#EconomicSurvey shows,be it Operationalisation of Airports or Spread of Bank Branches, @narendramodi govt has truly transformed India,with financial inclusion getting top priority

India set to be Fastest growing for next 2yrs as per IMF,thx to bold reforms by #PMModi
Read 7 tweets
How to Hack EVM 101 👇
National Highway Network
2011. 2021
Operationalised Airports
2016. 2021
Electricity Access
2012. 2021
Read 5 tweets
Table 5 of the Economic Survey lays out in detail all the welfare measures taken through the Covid crisis, along with the results thereof. #EconomicSurvey2022

This has been India's approach, all through the pandemic. Strong safety nets targeted (thanks to @UIDAI and @India_Stack) at those who need it most, and an iterative approach that adapts to evolving situations.
Macro is strong and stable - even if global conditions worsen from here, India is in a good position to weather storms. #EconomicSurvey2022
Read 18 tweets
#EconomicSurvey2022 says

FY22 GDP growth estimated at 9.2%,highest since 1988-89

FY23 estimated at 8-8.5%

FY22 Investment/GDP ratio at 29.6%,highest in 7yrs

FY22 Gross Fixed Capital Formation,#GFCF to grow by 15%

India Fastest growing #economy globally,under @narendramodi💪
#EconomicSurvey2022 expects

Agri growth at 3.9%,after 3.6% growth in FY21

Overall Consumption to grow 7%,with Govt Consumption at 7.6%

Export Growth to be 16.5%

Import Growth to be 29.4%

Social Services Expenditure growth estimated at 9.8% at Rs 71.61 lakh Cr

In April-Nov 2021,Rs 89066Cr was raised via 75 IPO issues,versus 29 companies which raised Rs 14733Cr in April-Nov 2020

Share of individual investors in total NSE turnover increased to 44.7%

221 lakh individual Demat accounts added between April-November 2021💪
Read 10 tweets
#EconomicSurvey2022 #UnionBudget2022

Changing mix of stimulus measures by government.
#EconomicSurvey2022 #UnionBudget

Direct and indirect tax revenue trends
#EconomicSurvey2022 #UnionBudget

GST average collection improves
Read 27 tweets
The #EconomicSurvey2022 has just been presented in Parliament. It comes in 2 volumes- the first looks at overall macroeconomic and sectoral developments, and the second is a revamped statistical appendix #EconomicSurvey (1/16) @FinMinIndia @PIB_India @nsitharamanoffc
Indian Economy is estimated to have crossed the pre-pandemic level in 2021-22 with 9.2% growth (AE). Contact intensive services still impacted. #EconomicSurvey2022 #EconomicSurvey (2/16) @FinMinIndia @PIB_India @nsitharamanoffc
#EconomicSurvey2022 forecasts that GDP will grow by 8.0-8.5% in 2022-23. In the interest of transparency, all assumptions have been clearly laid out. This is more conservative than IMF's 9% but still world's fastest #EconomicSurvey (3/16) @FinMinIndia @PIB_India @nsitharamanoffc
Read 16 tweets

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