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Business Funding Decreases by 8.5 per Cent During April to November 2022
Finance minister, presenting the economic survey, said India is third-largest economy in the world in PPP (purchasing power parity) terms and 5th largest in terms of exchange rate. She added that Economy has nearly recouped what was lost, renewed what had paused; re-energised what had slowed during the pandemic.
MSME Credit Growth for Jan-Nov 2022 is Crosses 30 per cent CAGR
In June 2022, Prime Minister flagged of a INR 6,062 crore, World Bank-assisted programme on “Raising and Accelerating MSME Performance”; INR 3,750 crore would be a loan from the World Bank and the remaining would be funded by the central government.
Here’s What Different Industry Bodies Think of Economic Survey
The survey reported that Indian economy has also started benefiting from the efficiency gains resulting from greater formalisation, higher financial inclusion, and economic opportunities created by digital technology-based economic reforms.
Agriculture Sector Growing At 4.6 Per Cent: Economic Survey
The MSP has been increased with a margin of at least 50 per cent over the all-India weighted average cost of production since the agricultural year 2018-19.
Expenditure On Health Increased 26 Per Cent In FY23: Economic Survey
The Government Health Expenditure in Total Health Expenditure has also increased over time, standing at 40.6 per cent in FY19, substantially higher than 28.6 per cent in FY14.
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