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Economic Survey in Odia 2023, Economic Survey UPSC and OPSC

Economic Survey 2022-23: Ministry of Finance released Economic Survey 2022-23 Report. Candidates can check and note down the Economic Survey Highlights for UPSC & OPSC 2023 Exam. Get Economic Survey 2022-23 Summary PDF Link. Economic Survey 2022-23 Report reviews the developments in the Indian economy over the past financial year, summarizes the performance of major development programs and highlights the policy initiatives of the government.

Economic Survey 2022-23 Summary

India to witness GDP Growth of 6.0 Percent To 6.8 Percent in 2023-24, depending on the Trajectory of Economic and Political Developments Globally

ବିଶ୍ବ ସ୍ତରରେ ଅର୍ଥନୈତିକ ଏବଂ ରାଜନୈତିକ ବିକାଶର ଟ୍ରାଜେକ୍ଟୋରୀ ଉପରେ ନିର୍ଭର କରି 2023-24 ମସିହାରେ ଜିଡିପି ଅଭିବୃଦ୍ଧି 6.0 ପ୍ରତିଶତରୁ 6.8 ପ୍ରତିଶତକୁ ଦେଖିଛି।

Economic Survey 2022-23 Projects A Baseline GDP Growth of 6.5 Percent In Real Terms In Fy24

ଅର୍ଥନୈତିକ ସର୍ବେକ୍ଷଣ 2022-23 ପ୍ରୋଜେକ୍ଟଗୁଡିକ Fy24 ରେ ପ୍ରକୃତ ସର୍ତ୍ତାବଳୀରେ ପ୍ରତି ସେଣ୍ଟରେ 6.5 ପ୍ରତି ଜିଡିପି ଅଭିବୃଦ୍ଧି |

Economy Is Expected To Grow At 7 Percent (In Real Terms) For The Year Ending March 2023, This Follows An 8.7 Percent Growth In The Previous Financial Year

ମାର୍ଚ୍ଚ 2023 ଶେଷ ହେବାକୁ ଥିବା ବର୍ଷ ପାଇଁ ଅର୍ଥନୀତି 7 ସେଣ୍ଟରେ (ପ୍ରକୃତ ସର୍ତ୍ତରେ) ବୃଦ୍ଧି ପାଇବ ବୋଲି ଆଶା କରାଯାଏ, ଏହା ପୂର୍ବ ଆର୍ଥିକ ବର୍ଷରେ 8.7 ପ୍ରତିଶତ ବୃଦ୍ଧି ଘଟିବ |

Credit Growth To The Micro, Small, And Medium Enterprises (MSME) Sector Has Been Remarkably High, Over 30.5 Percent, On Average During Jan-Nov 2022

ମାଇକ୍ରୋ, କ୍ଷୁଦ୍ର ଏବଂ ମଧ୍ୟମ ଉଦ୍ୟୋଗଗୁଡିକ (MSME) ସେକ୍ଟରକୁ କ୍ରେଡିଟ୍ ଅଭିବୃଦ୍ଧି ଜାନୁୟାରୀ-ନଭେମ୍ବର 2022 ମଧ୍ୟରେ ହାରାହାରି 30.5 ପ୍ରତି ସେଣ୍ଟରରେ ଉଲ୍ଲେଖନୀୟ ଭାବରେ ବୃଦ୍ଧି ପାଇଛି |

Capital Expenditure (Capex) of The Central Government, Which Increased By 63.4 Percent In The First Eight Months Of Fy23, Was Another Growth Driver Of The Indian Economy In The Current Year

Fy23 ର ପ୍ରଥମ ଆଠ ମାସରେ କେନ୍ଦ୍ରରେ 63.4 ପ୍ରତିଶତ ବୃଦ୍ଧି ହୋଇଥିବା କେନ୍ଦ୍ର ସରକାରଙ୍କ ପୁଞ୍ଜି ବ୍ୟୟ (କେପେକ୍ସ) ଚଳିତ ବର୍ଷରେ ଭାରତୀୟ ଅର୍ଥନୀତିର ଆଉ ଏକ ଅଭିବୃଦ୍ଧି ଡ୍ରାଇଭର ଥିଲା |

Surge In Growth Of Exports In Fy22 And The First Half Of Fy23 Induced A Shift In The Gears Of The Production Processes From Mild Acceleration To Cruise Mode

FY22 ରେ ରପ୍ତାନୀର ଅଭିବୃଦ୍ଧି ଏବଂ FY23 ର ପ୍ରଥମ ହାଲ୍ ଉତ୍ପାଦନ ପ୍ରକ୍ରିୟାର ଗିଅର୍ରେ ଏକ ଶିଫ୍ଟ ସୃଷ୍ଟି କରିଛି ଯାହାକି ମିଲ୍ଡ୍ ଆକ୍ସିଲେରେସନ୍ ଠାରୁ କ୍ରୁଜ୍ ମୋଡ୍ ପର୍ଯ୍ୟନ୍ତ |

Private Consumption As A Percentage Of GDP Stood At 58.4 Per Cent In Q2 Of Fy23, The Highest Among The Second Quarters Of All The Years Since 2013-14, Supported By A Rebound In Contact Intensive Services Such As Trade, Hotel And Transport

ବ୍ୟକ୍ତିଗତ ବ୍ୟବହାର Gdp ଷ୍ଟୁଡର ଶତକଡ଼ା 58.4 ପ୍ରତି ସେଣ୍ଟରେ Fy23 ର Q2 ରେ, 2013-14 ପରଠାରୁ ସମସ୍ତ ବର୍ଷର ଦ୍ୱିତୀୟ ତ୍ରି ମାସିକ ମଧ୍ୟରେ ସର୍ବୋଚ୍ଚ, ବାଣିଜ୍ୟ, ହୋଟେଲ ଏବଂ ପରିବହନ ପରି ଯୋଗାଯୋଗ ଘୋର ସେବାରେ ଏକ ରିବାଉଣ୍ଡ ଦ୍ୱାରା ସମର୍ଥିତ |

Survey Points To The Lower Forecast For Growth In Global Trade By The World Trade Organisation, From 3.5 Percent In 2022 To 1.0 Percent In 2023

ବିଶ୍ବ ବାଣିଜ୍ୟ ସଂଗଠନ ଦ୍ୱାରା ବିଶ୍ବ ବାଣିଜ୍ୟରେ ଅଭିବୃଦ୍ଧି ପାଇଁ ନିମ୍ନ ପୂର୍ବାନୁମାନକୁ ସର୍ଭେ ପଏଣ୍ଟ, 2022 ରେ 3.5 ସେଣ୍ଟ୍ ରୁ 2023 ରେ 1.0 ସେଣ୍ଟ୍

Economic Survey 2022-23 Highlights

Indian economy staging a broad-based recovery across sectors, positioning to ascend to the pre-pandemic growth path in FY23

Retail inflation is back within RBI’s target range in November 2022

Direct Tax collections for the period April-November 2022 remain buoyant

Enhanced Employment generation has been seen in the declining urban unemployment rate and in the faster net registration in Employee Provident Fund

Creating public goods to enhance opportunities, efficiencies, and ease of living, trust-based governance, enhancing agricultural productivity, and promoting the private sector as a co-partner in development is the focus of the government reforms

Cleaner balance sheets led to enhanced lending by financial institutions

Growth in credit offtake, and increased private capex to usher virtuous investment cycle

Non-food credit offtake by Scheduled Commercial Banks growing in double digits since April 2022

The Gross Non-Performing Assets (GNPA) ratio of SCBs has fallen to a seven-year low of 5.0

Social sector expenditure (Centre and States combined) increases to Rs. 21.3 lakh crore in FY23 (BE) from Rs. 9.1 lakh crore in FY16

Central and State Government’s budgeted expenditure on the health sector touched 2.1% of GDP in FY23 (BE) and 2.2% in FY22 (RE) against 1.6% in FY21

More than 220 crore COVID vaccine doses administered

The survey highlights the findings of the 2022 report of the UNDP on Multidimensional Poverty Index which says that 41.5 crore people exit poverty in India between 2005-06 and 2019-20

India declared Net Zero Pledge, to achieve a net zero emissions goal by 2070

A mass movement LIFE– Lifestyle for Environment launched

National Green Hydrogen Mission to enable India to be energy independent by 2047

Private investment in agriculture increases to 9.3% in 2020-21

Free foodgrains to about 81.4 crore beneficiaries under the National Food Security Act for one year

About 11.3 crore farmers were covered under PM KISAN in its April-July 2022-23 payment cycle

India stands at the forefront to promote millets through the International Year of Millet’s initiative Investment of ₹47,500 crores under the PLI schemes in FY22- 106% of the designated target for the year

India’s e-commerce market is projected to grow at 18 percent annually through 2025

Merchandise exports of US$ 332.8 billion for April-December 2022

India is the largest recipient of remittances globally receiving US$ 100 billion in 2022

PM GatiShakti National Master Plan creates a comprehensive database for integrated planning and synchronized implementation across Ministries/ Departments

UPI-based transactions grew in value (121 percent) and volume (115 percent) terms, between 2019-2022, paving the way for its international adoption

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FAQs

What is Economic Survey 2022-23 Report?

Economic Survey 2022-23 Report reviews the developments in the Indian economy over the past financial year, summarizes the performance of major development programs and highlights the policy initiatives of the government.