Qrius Quotient: Economic Survey 2021-22 tabled in Parliament

India’s GDP growth in 2022-23 is projected to grow between 8-8.5%. GDP is now 1.3% above pre-pandemic levels

 Principal Economic Adviser Sanjeev Sanyal 

India has $636 billion worth of forex reserves, equivalent to 13.2 months of imports. 

Oil prices are assumed to be in range of $70-75 for 2022-23 despite the current oil price standing at $90, as IMF predicts a slowdown in the growth of global economies. 

Chief Economic Advisor V. Anantha Nageswaran 

Capital expenditure by state governments has grown by 67% in 2021-22.

India granted 28,391 patents in 2020-21 out of 58,502 patents applied

1.14 crore houses sanctioned under Pradhan Mantri Awas Yojana in urban areas, 53 lakh houses completed

 Principal Economic Adviser Sanjeev Sanyal 
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