State of Economy

FY22, the Indian economy started to recover despite the Omicron wave of January 2022.

• Despite strong global headwinds and tighter domestic monetary policy, India is still expected to grow between 6.5 and 7.0 per cent.
• India’s exports surged in FY22, and the momentum lasted up to the first half of FY23.
• Export growth was strong enough to increase India’s share in the world market of merchandise exports.
• IMF estimates India to be one of the top two fast-growing significant economies in 2022.

India Inclusive Growth

• The Periodic Labour Force Survey (PLFS) shows that the urban unemployment rate for people aged 15 years and ....