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Economic Survey 2022-23: 'Saving Lives and Livelihoods'
Subsidizing the Economy
The Economic Survey 2022-23, which was released on January 31, 2023, highlighted the theme of 'Saving Lives and Livelihoods'. The survey noted that the government's policies had helped to mitigate the impact of the COVID-19 pandemic and had contributed to the country's economic recovery.
Headline Inflation Projection
The survey also projected that headline inflation would be 4.5% in FY25 and 4.1% in FY26. The survey noted that the Reserve Bank of India (RBI) has taken steps to control inflation, including raising interest rates. However, the survey also acknowledged that there are risks to the inflation outlook, such as rising commodity prices.
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