Finance Minister Nirmala Sitharaman presented the budget in Lok Sabha. While presenting the report, the Union Finance Minister said, "After the Corona situation, the country's economy faced many problems. However, the country's inflation is under control. "
According to the report, the country's economic growth was expected to be 8.2 percent in the last financial year. Economic growth is expected to be in the range of 6.5 per cent to 7 per cent in FY 2024-25. Next At the same time, the Reserve Bank of India (RBI) has fixed the inflation index at 4.5 percent. The report also claimed that the country's inflation is under control.
"The Indian economy is a strong one. The economy is now stable in the face of geopolitical challenges. " "Out of the four quarters of the last fiscal, the economic growth was more than 8 per cent in three quarters. The economic growth based on the financial year 2023 and 2024 will be seen in the next year as well. "
Though there is talk of controlling inflation, the survey has raised concerns about food inflation. Inflation in this sector was 6.6 per cent in FY2023. This will increase to 7.5 per cent by 2024. Why has inflation increased? According to the report, food production was affected due to adverse weather conditions. Farmers were facing a crisis situation. However, retail inflation declined by 1.3 per cent from FY2023 to FY2024. The report also claims that this is the lowest rate of retail inflation in the face of the Corona shock.
The report also mentions annual unemployment. This number is likely to decrease in the coming financial year. After the Corona period, employment has increased in different parts of the country. This had an impact on the Indian economy. Women's employment has also increased. It was 23.3 per cent in 2017-18. This rate has steadily increased over the past six years. In 2022-23, it came down to 37 per cent. In particular, there has been an increase in the tendency of rural women to work.
コメント