New Delhi, Jan 29: Prime Minister Narendra Modi on Friday stated the Financial Survey, which was tabled in Parliament earlier within the day, captures India”s struggle in opposition to the COVID-19 pandemic and its robust financial fundamentals.
It emphasises on the large potential for financial progress, the significance of additional scaling up innovation and the best way forward in key areas like well being, he stated in a tweet.
The Financial Survey 2020-21 was tabled in Parliament by Union Finance Minister Nirmala Sitharaman.
It stated India”s economic system is more likely to develop by 11 per cent within the fiscal 12 months starting April 1 as a vaccine drive and rebound in client demand assist it emerge from the carnage inflicted by a strict coronavirus lockdown.
The rebound will observe an estimated 7.7 per cent contraction within the Gross Home Product (GDP) within the present monetary 12 months ending March 31, the doc, an annual report card of the economic system, stated.
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