Pandemic Recovery Of India's Economy Complete: Chief Economic Advisor
NDTV
The Economic Survey 2023, which was tabled today, had pegged India's gross domestic product (GDP) growth for fiscal 2023-24 at 6 per cent to 6.8 per cent.
Chief Economic Advisor V Anantha Nageswaran on Tuesday said the economy's recovery from the pandemic is complete, supported by non-banking and corporate sectors.
The Economic Survey 2023, which was tabled today, had pegged India's gross domestic product (GDP) growth for fiscal 2023-24 at 6 per cent to 6.8 per cent. The Survey was presented by Finance Minister Nirmala Sitharaman in Parliament today.
During the press conference today, CEA Nageswaran said, "Recovery of economy is complete; non-banking and corporate sectors now have healthy balance sheets, hence, we don't have to speak of pandemic recovery anymore, we have to look ahead to the next phase."
The CEA said, "What more can be done to ensure that the potential GDP growth of India does not stop at 6.5 per cent- 7 per cent, even if global growth and export prospects remain moderate?"
