JULY-SEPTEMBER 2022 ISSUE
The Indian economy has cloaked 13.5% growth in Q1(Ap-Jun 2022) which is the fastest in a year. The fiscal deficit at 20.5% of the FY23 target is satisfactory. Our economy is the fifth biggest economy in the world in 2022-23 at 854.7 billion dollars leaving Britain in the sixth position. Although Moody's Investor Service has once again lowered India's calendar 2022 growth forecast to 7.7% from 8.8% due to rising interest rates, uneven monsoon, and slowing global growth. The economy is quite resilient and we expect it to lead the world in 2026-2030. Economic Challenger has in its July-September issue covered various research topics highlighting different dimensions of the growing economy.