Download Economic Survey 2022 PDF
You can download the Economic Survey 2022 PDF for free using the direct download link given at the bottom of this article.
| File name | Economic Survey 2022 PDF |
| No. of Pages | 17 |
| File size | 2.5 MB |
| Date Added | Oct 13, 2022 |
| Category | Government |
| Language | English |
| Source/Credits | Drive Files |
Economic Survey 2022 Overview
Economic survey of India 2022. The Survey has been tabled by the Finance Minister Nirmala Sitharaman on January 31 that details the state of the economy ahead of the government’s Budget for the fiscal year beginning April 1, 2022.
The last two years have been difficult for the world economy on account of the COVID-19 pandemic. Repeated waves of infection, supply-chain disruptions and, more recently, inflation have created particularly challenging times for policy-making. Faced with these challenges, the Government of India’s immediate response was a bouquet of safety-nets to cushion the impact on vulnerable sections of society and the business sector. It next pushed through a significant increase in capital expenditure on infrastructure to build back medium-term demand as well as aggressively implemented supply-side measures to prepare the economy for a sustained long-term expansion.
In 2021-22, demand for consumption is expected to increase by 7.0%, Gross Fixed Capital Formation (GFCF) by 15%, exports by 16.5%, and imports by 29.4%. Indicators of macroeconomic stability imply that the Indian economy is well positioned to meet the challenges of 2022-23.
The Economic Survey is presented every year in the Parliament during the Budget Session. The Economic Survey is presented normally a day before the presentation of the Union Budget in the Parliament by the finance minister. The above details would help candidates prepare for UPSC 2022.
Highlights:
- Promoting chemical free natural farming starting with farmers’ lands close to river Ganga
- Promoting post harvest value addition, consumption and branding of millet products
- Implementation of Ken Betwa Link Project benefitting 9.1lakh hectare farm land, providing drinking water to 62 lakh people and generating 130 MW power.
- 5 more such projects under process of implementation
- Customs administration to be fully IT driven in SEZs
- Phasing out concessional rates in capital goods and project imports gradually and apply a moderate tariff of 7.5%
- Review of customs exemptions and tariff simplification
- Customs duty rates are being calibrated to provide a graded rate structure to facilitate domestic electronics manufacturing
- Rationalisation of exemptions on implements and tools for agri sector manufactured in India
- Extension of customs duty exemption to steel scrap
- Reduction of duty on certain inputs required for shrimp aquaculture
- Unblended fuel shall attract additional differential excise duty
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