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July 23, 2024 7:51 AM

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Economic Survey paints optimistic picture of Indian economy, said AIAI

The All India Association of Industries has said, the Economic Survey paints an optimistic picture of the Indian economy by forecasting GDP growth of 6.5 -7 per cent for this year. The Association’s President, Dr. Vijay Kalantri said in a statement that the survey has rightly identified MSMEs as the backbone of the economy and has emphasised on deregulation and digitization of the MSME sector. 

 

Dr. Kalantri hailed the survey for rightly focussing on six sectors for renewed policy push in the Amrit Kaal to promote economic growth. These six sectors are agriculture, MSMEs, private investment, green transition financing, addressing education-employment gap and building state capacity for effective implementation of government policies. He said, it is heartening to note that the Survey expects India to be the financial services hub of the world.