- The Chief Economic Advisor Dr. V Anantha Nageswaran, in a recent meeting with the credit agencies, forecasted the Indian economy to grow at 7 to 8.5%. His observations are based on current developments in Europe (Ukraine Conflict), which has led to supply chain disruption and a rise in prices.
- He also emphasized the CPI crossing the 6% threshold, breaching the inflation target. To contain inflation, the government's push to increase capital expenditure, is what he conceives right.
- The projections by key institutions are as follows.
|
Institution/Publication |
Projected growth rate for FY 2022 -23 |
|
IMF |
8.2% |
|
RBI |
7.2% |
|
Economic Survey |
8 - 8.5% |
Question:
Q.1 Who is India's Chief Economic Advisor?a. Sanjeev Sanyal
b. V Anath Nageshwaran
c. K. Srikant
d. Urjit Patel
