Statsguru: How is the Indian economy faring on various parameters

Until December 2021, India had exported $300 billion worth of merchandise

On February 1, Finance Minister Nirmala Sitharaman will present her second Covid Budget. Unlike last year, the Indian economy seems to be faring better as it battles another wave of Covid infections. The first advance estimates for 2021-22, released earlier this month, showed that the economy is expected to grow by 9.2 per cent in the current fiscal year. The International Monetary Fund’s projections last week pegged growth for 2022-23 at 9 per cent (chart 1). But the government still has an uphill task to bring the economy back on track. The fiscal deficit, for instance, remains high and is