Thread by @sanjeevsanyal

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

Macroeconomic stability indicators look healthy and should provide a buffer from global uncertainty. Forex reserves at approx. US$635bn, equivalent to 13.2 months of imports #EconomicSurvey2022 #EconomicSurvey (4/16) @FinMinIndia @PIB_India @nsitharamanoffc

Banking system is well capitalized. Gross and Net NPA ratio steadily declining despite the pandemic shock. #EconomicSurvey2022 #EconomicSurvey(5/16) @FinMinIndia @PIB_India @nsitharamanoffc

Record risk capital has been mobilized from capital markets by corporates. More importantly there has been a sharp increase in starups across India in 2021-22. #EconomicSurvey2022 #EconomicSurvey (6/16) @FinMinIndia @PIB_India @nsitharamanoffc

Strong growth in Tax and Non-tax revenue have improved fiscal position despite increased spending in health & infra sector. #EconomicSurvey2022 #EconomicSurvey (7/16) @FinMinIndia @PIB_India @nsitharamanoffc

#EconomicSurvey2022 analyses volatility in tomato & onion prices every year to discern the impact of seasonality and weather shocks. #EconomicSurvey (8/16) @FinMinIndia @PIB_India @nsitharamanoffc

Over the course of an year, India delivered 157 crore doses that covered 91 crore people with atleast 1 dose and 66 crore with both doses. #EconomicSurvey2022 #EconomicSurvey (9/16) @FinMinIndia @PIB_India @nsitharamanoffc

India’s unique Covid policy response based on Barbell Strategy, Safety Nets & Agile Framework-Combining safety-nets for vulnerable sections while responding iteratively based on Bayesian-updating of information #EconomicSurvey2022 (10/16) @FinMinIndia @PIB_India @nsitharamanoffc

#EconomicSurvey2022 discusses various measures for helping vulnerable, both as pandemic response and longer term strategy. Impressive progress in providing tap connections to households under Jal Jeevan Mission #EconomicSurvey (11/16) @FinMinIndia @PIB_India @nsitharamanoffc

#EconomicSurvey2022 discusses supply side measures in terms of barbell strategy to create “Flexibility and Innovation” on one hand and “Atmanirbhar Resilience” on the other. #EconomicSurvey (12/16) @FinMinIndia @PIB_India @nsitharamanoffc

#EconomicSurvey2022: Satellite photos of Night-time Luminosity between 2012 & 2021 shows expansion of electricity supply, economic activity and urban growth (13/16) @FinMinIndia @PIB_India @nsitharamanoffc

#EconomicSurvey2022 shows expansion of national highways from 71772 km in 2011 to 140152 km in 2021. #EconomicSurvey (14/16)@FinMinIndia @PIB_India @nsitharamanoffc

#EconomicSurvey2022 shows number of operationalized airports increased from 62 in 2016 to 130 in 2021 (Post-UDAN) #EconomicSurvey (15/16) @FinMinIndia @PIB_India @nsitharamanoffc

Using new geo-spatial methods, #EconomicSurvey2022 compares the extent of urban expansion in Delhi-NCR, Mumbai and Bangalore over time. #EconomicSurvey (16/16) @FinMinIndia @PIB_India @nsitharamanoffc