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Economic Survey 2022-23: Subdued global growth presents two silver linings for India; Key points to know

The Economic Survey 2022-23 said the global economic slowdown will impact the Indian economy, but it also offers two silver linings: low oil prices and better current account deficit projections. The survey highlighted 6 challenges faced by the global economy such as the Russian-Ukraine conflict and stagflation. It also observed that India withstood these challenges better than most economies and that the upside to India’s growth outlook arises from limited health and economic fallout, a cessation of monetary tightening and a return of capital flows to India.

2 min read31 Jan 2023

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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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