The Rs 1.5 lakh crore mark has been crossed for the second time since the inception of GST, official sources said.
India has undergone a large structural shift since 2014 and is now the 5th largest economy.
The Indian economy is forecast to grow more than 7% this year.
India's economy is on course to achieve 7 per cent growth in 2022-23, Finance Secretary T.V. Somanathan said on Wednesday.
Attending Azadi Ki Amrit Mahotsav programme in Bhubaneswar, Patra said, “India will become the second largest economy in the world not by 2048 as predicted earlier, but by 2031.
Initiating a discussion on prise rise under Rule 193 in the Lok Sabha, he alleged that one per cent of the people are controlling 77 per cent of the nation wealth.
Today the world is witnessing that India means business and this is the achievement of not only the government but also the youth and graduates from institutions like ISB, he further said.
The buoyant economy creates favourable operating conditions for the country's banks, besides their loan performance and profitability are improving, albeit from a low base
Weekly borrowing under treasury bills in the first quarter of 2022-23 is expected to be Rs 33,000-34,000 crore, with net borrowing of Rs 2.40 lakh crore during the quarter.
Empowerment gives courage to the poor people to fight poverty. Poverty gets defeated when efforts of an honest government get combined with that of the empowered poor, he said.
Nearly 92 per cent of small and medium businesses with a YouTube channel agreed that the platform helps them reach new audiences across the world.
After the three-day meeting of the Monetary Policy Committee (MPC) early this month, RBI decided to keep its key lending rates steady at record low levels for the 10th straight time to support a durable recovery of the economy from the pandemic.
The RBI pointed out that aggregate demand conditions have stayed resilient. "The issuance of E-way bills - an indicator of freight movement - surged to 7.2 crore in December, the second highest in its history.
According to the agency, the data for December 2021 released so far has further improved with the average index tracking at around 12.8 from 11.1 in November 2021.
Shringla said the "Atmanirbhar Bharat Abhiyan (Self-reliant India initiative) has been launched to make the country a trustworthy global supply chain hub.
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