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GDP growth, fiscal deficit: Economic Survey nos in line with expectations

India's economy, as per the Economic Survey, could contract 7.7 per cent in FY21, pulled down mainly by the Covid-19 pandemic and the ensuing nationwide lockdown to contain the spread of the disease

Topics
Indian Economy | Budget 2021 | Economic Survey

Puneet Wadhwa  |  New Delhi 



Economic Survey
On the fiscal deficit front, the likelihood of exceeding the budget estimate in FY21 was also expected in a pandemic-impacted year

Finance Minister tabled the for 2020-21 in Parliament on Friday in the backdrop of coronavirus pandemic that brought all economic activity to a standstill for a few months in 2020, and saw the sink into recession.

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First Published: Fri, January 29 2021. 15:01 IST

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