Posts

Showing posts from February, 2023

Indian Economy in Charts and Graphs: Based on Economic Survey 2023

Image
 This is a descriptive article on the Indian Economy based on data provided by the Economic Survey 2023. Link to open the Economic Survey in a new window As per advanced estimates for 2022-23 India's GDP is Rs 1.576 crore crores. In dollar terms, the chart below gives you a feel for the GDP of India. At constant prices of 2011-12 India's GDP is at $1.97 trillion. Economists often say that a significant proportion of Indian Economy is in the unorganized sector and therefore it is difficult to account for the same. Several steps have been initiated to formalize the Indian Economy. to be continued