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Economic Survey pegs GDP growth at 11 per cent in FY22

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New Delhi, January 29
India’s economy is likely to grow by 11 per cent in the fiscal year beginning April 1 as a vaccine drive and rebound in consumer demand help it emerge from the carnage inflicted by a strict coronavirus lockdown, the Economic Survey said on Friday.
The rebound will follow an estimated 7.7 per cent contraction in the Gross Domestic Product (GDP) in the current financial year ending March 31, the document an annual report card on the economy tabled in Parliament by Finance Minister Nirmala Sitharaman said.
This is the steepest annual contraction of the economy in the history of independent India. The economy had last witnessed its last annual contraction of 5.2 per cent in the fiscal year 1979-80. ....

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A Greater Sense of Urgency for Reforms- Business News

The pandemic has brought a realisation that we need greater public health infrastructure so that we are ready for any calamity of this order in the future ....

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India has capabilities for high-tech highways: PM Modi

India has capabilities for high-tech highways: PM Modi
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India has data, demography, demand and democracy needed for high-tech highways: PM Modi

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Prime Minister Narendra Modi speaking at the India International Science Festival through the virtual medium on Tuesday [Photo/ANI]
India has data, demography, demand and democracy needed for high-tech highways: PM Modi
ANI |
Updated: Dec 22, 2020 19:17 IST
New Delhi [India], December 22 (ANI): In his address at the India International Science Festival (IISF) organised by the Ministry of Science and Technology, Prime Minister Narendra Modi on Tuesday said that India in the current age has data, demography, demand and most importantly, democracy for high-tech highways.
India has data, demography, demand and most importantly, democracy for high-tech highways. The applications of digital technology has translated to internet facilities to the rural population and faster delivery of government services. India s considerable population is now connected with the mainstream through smartphones, PM Mod ....

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