#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💪
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
#Modinomics
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
#Modinomics
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💪
#EconomicSurvey
Share of individual investors in total NSE turnover increased to 44.7%
221 lakh individual Demat accounts added between April-November 2021💪
#EconomicSurvey
UPI under @narendramodi has taken centre stage,with India seeing 4.6 billion transactions worth Rs 8.26 lakh Cr in Dec 2021 alone
In April-November 2021,UPI processed over 24.26 mn One Time Mandate create transactions worth Rs 44381Cr
Rs 1.81 lakh Cr raised via Equity issues💪
In April-November 2021,UPI processed over 24.26 mn One Time Mandate create transactions worth Rs 44381Cr
Rs 1.81 lakh Cr raised via Equity issues💪
Rate transmission has been higher in public sector banks than in private sector banks in current monetary easing cycle,benefitting borrowers
Housing sales expected to see a boost after #COVID19 slump on back of reduced duties in multiple States
#Modinomics #EconomicSurvey2022
Housing sales expected to see a boost after #COVID19 slump on back of reduced duties in multiple States
#Modinomics #EconomicSurvey2022
Despite Pandemic,Home loans saw 8% growth in Nov 2021,just 0.4% below 2020
Railways:Rs 65157 Cr Capital Expenditure in April-Nov 2021 Capex outlay in FY22 is Rs 2.15 lakh Cr,which is 5x,the 2014 level
Railway capex will rise further in coming years&fuel growth
#EconomicSurvey
Railways:Rs 65157 Cr Capital Expenditure in April-Nov 2021 Capex outlay in FY22 is Rs 2.15 lakh Cr,which is 5x,the 2014 level
Railway capex will rise further in coming years&fuel growth
#EconomicSurvey
India has 3rd largest #Startup ecosystem in the world after US& China.
Delhi saw 5000 new Startups versus 4514 in Bengaluru between April 2019 and Dec 2021
@narendramodi govt is unleashing entrepreneurial energy&how
India,home to 44 new #Unicorns in 2021
#EconomicSurvey2022
Delhi saw 5000 new Startups versus 4514 in Bengaluru between April 2019 and Dec 2021
@narendramodi govt is unleashing entrepreneurial energy&how
India,home to 44 new #Unicorns in 2021
#EconomicSurvey2022
#EconomicSurvey2022 said,due to accretion of large foreign exchange reserves,vulnerability indicators such as reserves to total external debt,reserves to short-term debt, reserve cover of imports have shown big improvement in first half of FY22,versus taper tantrum year of FY14👍
Key vulnerability indicator--net international investment position (IIP) to GDP ratio fell to (-) 11.3%,in FY22 as against (-) 18.2% in FY14, under corrupt Congress,which had completely ruined India's External Finances
@narendramodi has managed India's External Economy,superbly
@narendramodi has managed India's External Economy,superbly
External debt to GDP ratio has declined since FY14
India saw current account surplus of 0.9% in Q1FY22 on top of similar surplus in FY21 after gap of 17 yrs
On the other hand,India saw highest ever current account deficit (CAD) of 4.8% in FY13&4.3% in FY12,under inept Congress
India saw current account surplus of 0.9% in Q1FY22 on top of similar surplus in FY21 after gap of 17 yrs
On the other hand,India saw highest ever current account deficit (CAD) of 4.8% in FY13&4.3% in FY12,under inept Congress
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