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Economic Survey forcasted : 11% GDP growth for 2021-22

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3 years ago

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Indian Government is likely to predict economic growth of 11 per cent in the fiscal year. This year’s Economic Survey captures the impact of COVID-19-induced lockdown on the economy.

The economy, which the International Monetary Fund singled out as a global bright spot only a few years ago, is set to contract 7.7 percent in the current fiscal year, the deepest contraction in four decades, the economic survey is expected to say.

But the government predicts the rollout of vaccines against COVID-19, which has killed 153,847 Indians, will re-energies Asia’s third-largest economy with 11 per cent growth next year, who is familiar with the matter. That would mark the strongest growth since India liberalised its economy in 1991.

The Economic survey maintains that the measures taken to save lives and curb the virus have helped the economy. The survey can be seen as a report card of the country’s economic health that shows detailed statistical data covering all aspects.

The survey is set to forecast nominal GDP, which includes inflation, will rise 15.4 per cent, the highest since independence in 1947, who asked not to be identified.

The survey’s projections form the basis for key figures in the budget, due to be delivered by Finance Minister Nirmala Sitharaman.

The Economic Survey highlights the economic trends in the country and facilitates a better appreciation of the mobilisation of resources and their allocation in the budget, according to the government.

However, the Survey is being brought earlier due to the Budget Day being right after a Sunday. The Economic Survey is usually presented by the FM a day before the Union Budget

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Apple is giving a huge discount on its gadgets: Details inside

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2 years ago

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May 5, 2022

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If you want to buy an iPhone and were waiting for a nice offer, then we have a piece of good news for you! Amazon Summer Sale May 2022 has begun and they are offering major discounts on various smartphones, laptops, and smart TVs, among others.

The sale is live now on the e-commerce platform with no-cost EMI options and exchange discounts on various products. In addition to this, Amazon has also partnered with several banks including ICICI, Kotak Bank, and RBL so that customers get instant discounts of up to 10% using their cards and EMI transactions.

Customers can easily enjoy this summer sale and get massive discounts on iPhones. They can also compare prices on Flipkart Big Saving Days Sale 2022 before making a purchase.

 

Amazon Summer Sale May 2022: Discount offer on iPhone 13 

Apple’s coveted phone model iPhone 13 in the 128 GB storage model will be available during the Amazon Summer Sale May 2022 for Rs 64,900. The MRP of the phone is Rs 79,900. This means that the customers will be able to enjoy a discount of up to Rs 15,000 on the purchase of the iPhone 13.

If you have an old iPhone in working condition then you will also be eligible to receive another additional discount worth up to Rs 17,000 on the iPhone 13.

Buy at Rs. 64,900 (MRP – Rs. 79,900)

Features of Apple iPhone 13 

The iPhone is powered by an A15 Bionic processor with 6 core CPU. Apart from this, it has 16 core neural engines. With the iPhone 13, up to 512 GB of storage will be available. The iPhone 13 has a 6.1-inch Retina XDR display with 1000 nits brightness.

The iPhone 13 has a 12-megapixel dual rear camera setup. This time a new wide-angle camera has been given, whose aperture is f/1.6. With this, there is support for sensor optical stabilisation. Night mode has been made better than before. The second lens is also 12 megapixels ultra-wide and has an aperture of f/2.4.

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