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Economic survey 2022: Government’s capital expenditure rose to INR 2.74 trillion between April-November 2021 — a growth of 13.5 percent

The Economic Survey 2022 authored by a team led by Chief Economic Advisor (CEA) Dr. V. Anantha Nageswaran projected the GDP growth of India at roughly 8-8.5% for the upcoming fiscal year.

Chief Economic Advisor V Anantha Nageswaran talks to media, after Economic Survey 2021-22 is tabled in both the Houses of Parliament by Union Finance Minister Nirmala Sitharaman, in New Delhi, Monday, Jan. 31, 2022 Photograph by Rajeev Bhatt.

Finance Minister Nirmala Sitharaman tabled the Economic Survey for 2021-22 in the Lok Sabha after the President addressed both Houses of the Parliament on Monday.

The annual economic survey is traditionally released on the first day of the Parliament’s Budget session presenting the state of India’s economy and suggested reforms for accelerated growth in the upcoming fiscal year.

Prime Minister Narendra Modi at Parliament House on the first day of the Budget Session 2022, in New Delhi, Monday, Jan. 31, 2022. Union Ministers Arjun Ram Meghwal, Jitendra Singh, Pralhad Joshi and V Muraleedharan are also seen. Photograph by Rajeev Bhatt

"The Budget session is starting today. I welcome all of you and all the respected MPs across the country in this Budget session. There are many opportunities for India in today's global situation," said Prime Minister prior to the beginning of Budget session. "India's economic progress, its vaccination campaign and made-in-India vaccines are creating trust in the entire world."

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