Jan 31, 2022
By: Vaamanaa Sethi
Credit: Pixabay
Credit: Pixabay
...which is one of the fastest rates among major economies.
Credit: Pixabay
The Finance Minister said that the economic activity across all sectors have improved or recovered past the pre-pandemic levels.
Credit: Pixabay
Credit: Pixabay
...to grow 3.9 percent during the upcoming year, as compared to 3.6 percent last year.
Credit: Pixabay
The survey reveals that this sector will grow by 8.2 percent in 2022-23.
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...capital expenditure and exports to be the key growth drivers.
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...the Omicron variant is one of the major reasons behind it, as per the survey.
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With 14,000 new startups added in 2020-21, India has become the third largest country, for startups, after the United States and China. Also, 44 Indian startups bagged the unicorn status in 2021, taking the total tally of unicorns in India to 83. A unicorn, in startup parlance, is a private firm valued at or over $1 billion.
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The Indian stock markets outperformed between April and November, as the year has been exceptionally good for the primary markets in fundraising through initial public offerings (IPOs). The survey revealed that a 50 percent growth has been noticed with ₹89,066 crore raised via 75 IPOs during this period.
Credit: Pixabay