According to the 2022-2023 survey, the Indian economy is expected to grow at a rate of 7.5% in the current fiscal year, driven by a rebound in consumption and investment. The survey also highlights the challenges faced by the Indian economy, including rising inflation, persistent supply chain disruptions, and the impact of the COVID-19 pandemic on economic activity.
To address these challenges, the survey recommends a range of policy measures, including investment in infrastructure, reforms in labor laws, and increased focus on health and education. The survey also emphasizes the need for fiscal consolidation and structural reforms to boost long-term growth and ensure sustainability.