Economy to grow 7-7.5% next fiscal year: EAC-PM
The economy is likely to grow 7-7.5 per cent in the next fiscal year, the Economic Advisory Council to the Prime Minister (EAC-PM) said on Thursday, while observing that contact intensive sectors and construction should recover in 2022-23.
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“Looking beyond the current year, 2021-22, EAC-PM members were optimistic about real and nominal growth prospects in 2022-23. Other than an element of the base effect, the contact intensive sectors and construction should recover in 2022-23,” it said.
A meeting of the EAC-PM was held in Delhi Thursday.
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