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| Name | Budget 2024: Economic Survey Expects India's GDP to Grow by 6.5-7%, Flags Jobs Concerns |
| Video Uploader | Video From Firstpost |
| Upload Date | This Video Uploaded At 22-07-2024 13:57:18 |
| Video Discription | Budget 2024: Economic Survey Expects India's GDP to Grow by 6.5-7%, Flags Jobs Concerns India's Prime Minister Narendra Modi-led government has presented the Economic Survey 2023-24 ahead of the Budget. The pre-budget document was tabled by Finance Minister Nirmala Sitharaman in the Parliament. The survey, prepared by Chief Economic Advisor Nageswaran, reports an 8.2% GDP growth in the financial year 2023-24, driven by the manufacturing and construction sectors. It projects a 6.5-7% growth in the ongoing financial year 2024-25. While the survey noted India’s economy has shown resilience amid geopolitical challenges, it also questioned its approach to the manufacturing sector. The Survey said that considering the dominance of China in the industry, it may not be the most “prudent approach” for India to think it can fill the spaces left vacant by Beijing. The survey also discusses issues like inflation and unemployment. It noted that while inflation declined to 5.4% in the last financial year, food prices rose due to adverse weather. It said that unemployment fell to 3.2%, but there is a need for the country to create 78.5 lakh jobs annually until 2030. --- India | Budget 2024 | Nirmala Sitharaman | Narendra Modi | Chief Economic Advisor | Nageswaran | GDP | Growth | Import | Export | Firstpost | News Live | World News | Latest News | Global News | International News | News | Trending News #indiabudget2024 #nirmalasitharaman #economicsurvey #firstpost #newslive #worldnews #latestnews #globalnews #news #internationalnews #trendingnews Firstpost is an Indian news and media website. Get all the incisive opinions, in-depth analyses and other visual stories that matter to you and the world right here on this channel. Subscribe to Firstpost channel and press the bell icon to get notified when we go live. https://www.youtube.com/@Firstpost Follow Firstpost on Instagram: https://www.instagram.com/firstpost/ Follow Firstpost on Facebook: https://www.facebook.com/firstpostin/ Follow Firstpost on Twitter: https://twitter.com/firstpost Follow Firstpost on WhatsApp: https://www.whatsapp.com/channel/0029Va6zOIrEQIamseyg762V |
| Category | News & Politics |
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