Agricultural sector which accounts for 18.8 per cent of Gross Value Added (GVA) of the country in 2021-22 has experienced buoyant growth in the past 2 years. It grew at 3.9 per cent in 2021-22 and 3.6 per cent in 2020-21 showing resilience in the face of COVID-19 shock, states the Economic Survey 2021-22 tabled in the Parliament by the Union Finance & Corporate Affairs […]
Services Sector contributed over 50% to Indias GDP, highlighted the Economic Survey 2021-22 which was tabled by the Union Minister for Finance and Corporate Affairs, Smt. Nirmala Sitharaman in Parliament today. The Survey also noted that Services Sector registered a steady recovery during the first half of the current fiscal year. Overall, the Services Sector grew by 10.8% Year on Year (YoY) in first half […]
With the Economic Survey corroborating that spending will be back-ended in FY2022, we maintain our forecast of a modest fiscal slippage driven by the missed disinvestment target.

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