Dr. VP Singh quoted in 'Union Budget 2022: Experts suggest More Funds for Education as COVID-19 increased Cost' - Careers360
About
-
ABOUT
-
Press Room
-
ANNUAL EVENTS
On 2022 pre-budget expectation, VP Singh, Professor of Economics and PGDM Program Director, Great Lakes Institute of Management, Gurgaon, said: “Given the unrelenting COVID -19 menace, the government needs to spend a lot”.
"Keeping in line with the fiscal glide path, the budget may run a deficit of 5.5%. The first advance estimates from NSO show that India’s nominal GDP for 2021-22 maybe Rs 232.15 lakh crore. This means that the government will be constrained to run a deficit of only Rs 12.76 lakh crores in comparison to Rs 15.06 lakh crore in 2020-21."
Recently in Media
Budget 2025 Expectations LIVE: Steel industry seeks protectionist measures & incentives | Quote by Prof. Swapnil Sahoo
Read MoreBudget 2025 Expectations: What relief can India's middle class expect from Union Budget 2025? - Pre Budget | Quote by Dr. Jones Mathew
Read MoreContact Us
-
Great Lakes Institute of Management,
2nd Floor, Orchid Centre,
Golf Course Road, Sector 53,
Gurugram, Haryana 122003
