The Economic Survey on Monday projected India’s economy to grow in the range of 8%-8.5% in the financial year 2022-23 as against a 9.2% expansion likely in the current year, provided there were no further pandemic-related disruptions, the monsoon was normal, oil prices were much lower at $70-$75 per barrel and global supply chain disruptions eased over the course of the year.
(Published 31 January 2022, 23:16 IST)