![]() Trade sector could also face the brunt of sanctions. The broader privatisation agenda of the Centre and some big-ticket sales of state run firms such as BPCL, Shipping Corporation of India and BEML could also face delays and defer the raising of much-needed revenues to fund social sector and infrastructure projects. Choppy markets and global uncertainty could also delay the mega LIC IPO and put fresh pressure on government finances as the Centre was hoping to mop up nearly Rs 70,000 crore from the issue. Rising price pressures will also complicate policy choices for the Reserve Bank of India. 5% range in 2022-23 and if risks persist, it could hurt with implications for revenues, jobs, income and consumption - a key driver of growth. ![]() The Centre has estimated the economy to expand in the 8-8. ![]() 9% in 2021-22, a tad slower than the earlier estimate of 9. Latest data showed that growth is expected to be 8. The impact of high prices, disruption in supply chains and overall uncertainty could lead to a fresh slowdown in growth. ![]()
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