AMN
Economic Advisory Council to the Prime Minister (EAC-PM) has projected a real rate of growth of 7 to 7.5 per cent and a nominal rate of growth of more than 11 per cent in 2022-23.
Members of the EAC-PM has expressed optimism about real and nominal growth prospects in 2022-23 in a meeting held in New Delhi today. Members felt that contact intensive sectors and construction should recover in 2022-23 and once capacity utilization improves, private investments should also recover. It was stressed that there should also be a clear road-map for privatization and the growth orientation of last year’s Budget should also be maintained.