According to CII president Sanjiv Bajaj, India’s GDP may expand 7.4-8.2% in FY23
According to Sanjiv Bajaj, the incoming president of the Confederation of Indian Industries and chairman of Bajaj Finserv, India’s FY23 gross domestic product is predicted to expand between 7.4 and 8.2% under three scenarios of world crude oil prices. Bajaj also stated during a press conference that the government needs to significantly expand its spending on education and health care, and that inter-state committees similar to the GST Council should be considered for sectors including as power, land, labour, and agriculture. According to Bajaj, CII anticipates 7.4% GDP growth in…
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