Economy to grow 7-7.5% next fiscal year: EAC-PM

29th November 2021, 6:34 pm

“Looking beyond the current year, 2021-22, EAC-PM members were optimistic about real and nominal growth prospects in 2022-23. Other than an element of he base effect, the contact intensive sectors and construction should recover in 2022-23,” Economic Advisory Council to the Prime Minister said.

The economy is likely to grow 7-7.5 per cent in the next fiscal year, the Economic Advisory Council to the Prime Minister (EAC-PM) said on Thursday, while observing that contact intensive sectors and construction should recover in 2022-23.

“Looking beyond the current year, 2021-22, EAC-PM members were optimistic about real and nominal growth prospects in 2022-23. Other than an element of the base effect, the contact intensive sectors and construction should recover in 2022-23,” it said.

Read the News publication here: https://indianexpress.com/article/business/economy/economy-growth-eac-pm-7630097/