– The Economic Survey 2023-24 focused on ‘service’ and ‘growth’
– Prepared by the Department of Economic Affairs, under guidance of the Chief Economic Adviser and approved by the Finance Minister
– India’s GDP expected to grow between 6.5 to 7% during 2024-25, IMF estimated 7%
– Retail inflation declined to 5.4% during 2023-24
– Inflationary pressures attributed to global troubles, supply chain disruptions, and monsoons
– Gross Fixed Capital Formation increased by 9% in 2023-24.