Optimistic outlook

Higher growth will need more reforms

The biggest takeaway from the Economic Survey 2022-23, presented by Union Finance Minister Nirmala Sitharaman in Parliament on Tuesday, is that recovery from the pandemic-induced disruption is complete and the Indian economy is poised for higher growth in the medium term. The theme was also elaborated by Chief Economic Advisor (CEA) V Anantha Nageswaran in a presentation later. Although the Survey presents the views of economists in the finance ministry, led by the CEA — and their reading and recommendations are not always reflected in the Union Budget — it does give a broad sense of how the government is