Correct Answer : Option (D) - 7.8 percent
Domestic rating agency CRISIL on Wednesday(2nd Jan 2022) estimated FY23 real GDP growth at 7.8 percent as compared with the 8.5 percent projected in the Economic Survey.
Finance Minister Nirmala Sitharaman's Budget proposals focused on loosening the purse strings by boosting capital expenditure and going slow on fiscal consolidation are aimed in the right direction, the rating agency said.
"All said, risks to India's economic outlook are still skewed towards the downside," it said, estimating the growth to slow to
7.8 percent in FY23 from the
9.2 percent in FY22.
Source : Business Standard
Published On : February 3, 2022
Category : Indian Economy
