"Economy On Strong Wicket": Nirmala Sitharaman Presents Economic Survey
NDTV
Ms Sitharaman described the economy as being on a "strong wicket and stable footing" and resilient in the face of geopolitical challenges.
Finance Minister Nirmala Sitharaman tabled the Economic Survey 2023/24 in Parliament Monday, a day before she will present a record seventh union budget. Ms Sitharaman described the economy as being on a "strong wicket and stable footing" and resilient in the face of geopolitical challenges.
She said economic growth in FY24 was an estimated 8.2 per cent and that the economy is expected to grow between 6.5 and 7 per cent in FY25. Headline inflation - which the Reserve Bank expects at 4.5 per cent in FY25 and 4.1 per cent the following year - is "under control", she also said.
The inflation rate of some food items, however, is elevated, the government admitted.
