Finance Ministry Monthly Economic Review LIVE: Even as economic growth and rising inflation remain major concerns for India, with Finance Minister Nirmala Sitharaman saying that these twin challenges would be in focus in the next Union Budget, the monthly economic review for September has said that country’s economic performance has been “impressive” in the first half of 2022-23.
“Indian economic performance in the first half of 2022-23 has been impressive compared to the world. As measured by PMI composite index, the economic activity level was higher for India at 56.7 compared to 51.0 for the World level during April-Sept 2022,” said the economic review which was released on Saturday by the Finance Ministry.
“While wholesale inflation has significantly reduced from its peak of 16.6 per cent in May 2022 to 10.7 per cent in September 2022 on account of moderating commodity prices and government measures, retail inflation remains above…
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