New Delhi: PM Narendra Modi-LED The BJP Government is ready to present the 10th Union budget since the power in 2014.
In this year’s budget, the focus is mostly in the steps announced by the government to bind the economic rate.
growth.
Complete coverage: Union budget, the economy of 2022India has shaken even before the Covid-19 pandemic hit.
The growth rate has slowed and the output has begun to decline.
Pandemic Covid-19 encourages gross domestic product (GDP) to his worst level.
India experienced the first technical recession in the financial year of 2020-21 with two consecutive quarters of negative growth.
However, the arrival of Covid vaccines and due to falling in cases causing gradual easing from restrictions and business activities began continuing.
As a result, the economy grew by 20.1 percent in the first quarter (Q1) FY22, especially because of the low basic effects and remained in the positive zone since then.
Indian GDP for the second quarter of FY22 came at 8.4 percent.
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In 10 chart: Indian economic situation ahead of the Union budget 2022
