Adani Enterp. 2544.00↑47.55(1.90%)
Adani Ports 740.85↑6.80(0.93%)
Apollo Hospitals 4695.55↑96.40(2.10%)
Asian Paints 3214.40↑70.00(2.23%)
Axis Bank 930.25↓-7.20(-0.77%)
B P C L 365.30↑4.90(1.36%)
Bajaj Auto 4614.10↑22.20(0.48%)
Bajaj Finance 6970.95↓-34.85(-0.50%)
Bajaj Finserv 1451.50↓-14.35(-0.98%)
Bharti Airtel 819.90↑1.45(0.18%)
Britannia Inds. 4579.70↑6.45(0.14%)
Cipla 961.60↑1.75(0.18%)
Coal India 240.60↓-3.70(-1.51%)
Divi's Lab. 3496.00↑38.00(1.10%)
Dr Reddy's Labs 4510.95↓-7.95(-0.18%)
Eicher Motors 3707.85↑29.50(0.80%)
Grasim Inds 1722.95↓-2.20(-0.13%)
H D F C 2649.90↓-43.45(-1.61%)
HCL Technologies 1146.60↑10.75(0.95%)
HDFC Bank 1617.45↓-19.30(-1.18%)
HDFC Life Insur. 596.45↑11.30(1.93%)
Hero Motocorp 2768.25↓-10.90(-0.39%)
Hind. Unilever 2650.05↓-6.50(-0.24%)
Hindalco Inds. 408.35↓-4.75(-1.15%)
ICICI Bank 945.60↓-4.35(-0.46%)
IndusInd Bank 1295.00↑1.75(0.14%)
Infosys 1326.60↑2.75(0.21%)
ITC 445.95↓-3.95(-0.88%)
JSW Steel 698.00↓-6.60(-0.94%)
Kotak Mah. Bank 1970.00↓-4.70(-0.24%)
Larsen & Toubro 2221.75↑10.95(0.50%)
M & M 1318.00↓-10.45(-0.79%)
Maruti Suzuki 9341.10↓-42.25(-0.45%)
Nestle India 21663.25↑88.80(0.41%)
NTPC 173.95↓-2.85(-1.61%)
O N G C 155.60↓-3.25(-2.05%)
Power Grid Corpn 234.05↓-1.05(-0.45%)
Reliance Industr 2485.05↓-34.90(-1.38%)
SBI Life Insuran 1231.60↑15.70(1.29%)
St Bk of India 584.35↓-8.45(-1.43%)
Sun Pharma.Inds. 972.45↑12.85(1.34%)
Tata Consumer 791.40↑0.50(0.06%)
Tata Motors 526.60↑7.80(1.50%)
Tata Steel 106.60↓-0.45(-0.42%)
TCS 3307.90↓-8.30(-0.25%)
Tech Mahindra 1114.95↑16.55(1.51%)
Titan Company 2805.75↑3.25(0.12%)
UltraTech Cem. 7812.00↓-89.95(-1.14%)
UPL 687.05↓-2.00(-0.29%)
Wipro 402.40↓-0.10(-0.02%)

Eco Survey projects FY24 GDP growth at 6-6.8%, sees investments picking up

Commodity prices will raise total import bill and add to unfavourable developments in current account balance, it says

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5 min read Last Updated : Jan 31 2023 | 11:14 PM IST

India is projected to grow at a baseline rate of 6.5 per cent and at a range of 6-6.8 per cent in 2023-24 (FY24), with global macroeconomic slowdown being the key risk factor to the forecast, the Economic Survey 2022-23 said on Tuesday.

“Recovering from pandemic-induced contraction, Russian-Ukraine conflict, and inflation, the Indian economy is staging a broad-based recovery across sectors, positioning to ascend to the pre-pandemic growth path in 2022-23,” said the Survey, authored by Chief Economic Advisor V Anantha Nageswaran and his team.

This is Nageswaran’s first Survey.