New Delhi: President Ram Nath Kovind, in his joint address to Parliament ahead of the budget session on Monday, mentioned the government’s major achievements in the health sector, while lauding the pharma sector’s contribution to the pandemic globally.
He said that India’s capability in fighting the pandemic is evident in the vaccination programme. “In less than a year, we created a record of delivering more than 150 crore doses of the vaccine. Today, we are one of the leading countries in the world in terms of maximum dosage,” the President said in his keynote address.
Read also | Economic Survey forecasts GDP growth of 8-8.5% for FY23
After the President’s speech, Finance Minister Nirmala Sitharaman presented the Economic Survey on Parliament. The survey document was presented ahead of the presentation of the Union Budget on February 1 (Tuesday).
Economic Survey at a Glance:
India’s FY22 GDP growth clocks 9.2 percent
GDP growth for FY13 is projected at 8 percent to 8.5 percent
economic recovery on track
India witnessed GDP growth of 8-8.5 percent in FY 2013
Agriculture sector to grow by 3.9 percent in 2021-22
Industrial sector to grow by 11.8 percent in 2021-22
Services sector to grow by 8.2 percent in 2021-22
Pradhan Mantri Garib Kalyan Rozgar Abhiyan has generated 50.8 crore man-days of employment till July 21 with an expenditure of Rs.39,293 crore.
In Mahatma Gandhi National Rural Employment Guarantee Scheme 2021-22, 8.85 crore employment has been provided till November 2021, an amount of Rs 68,233 crore has been released
Macro-economic indicators show that India is well prepared to meet the challenges in the year 2022-23
Survey says India’s economic response to disruptions caused by pandemic has been supply-side reforms rather than demand management
Strong export growth and availability of fiscal space to increase capital expenditure
Growth in FY23 will be supported by broader vaccine coverage
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