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Economic Survey 2020-21: Larger fiscal deficit, core inflation target and green bonds among key takeaways
The Economic Survey estimated real GDP growth for FY22 at 11 per cent and nominal GDP (which accounts for inflation) at 15.4 per cent. This would mark the highest GDP growth since independence
Aprajita Sharma January 29, 2021 | Updated 22:12 IST
For FY21, the survey projected the GDP growth to contract by 7.7 per cent
Highest GDP growth in FY22 since independence, larger fiscal deficit expected in Budget 2021, current account surplus for the first time in 17 years, change in inflation calculation for monetary policy purposes, and rebuttal to global rating agencies for being biased - these are among key takeaways coming in from the Economic Survey 2020-21 that was tabled in the Parliament earlier today. Let s take a detailed look: ....

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