GS -Special Economic Survey 2021-22 The State of
Author : pasty-toler | Published Date : 2025-05-28
Description: GS Special Economic Survey 202122 The State of Indian Economy Consumption and Investment Deficit and Tax Collection Direct tax Collection 50 2122 60 1819 Indirect Tax Collection 49 2122 49 1819 TaxGDP Ratio 99 2122
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Transcript:GS -Special Economic Survey 2021-22 The State of:
GS -Special Economic Survey 2021-22 The State of Indian Economy Consumption and Investment Deficit and Tax Collection Direct tax Collection 5.0 (21-22) 6.0 (18-19) Indirect Tax Collection 4.9 (21-22) 4.9 (18-19) Tax/GDP Ratio 9.9 (21-22) 10.9 (18-19) Debt/GDP ratio 59 (21-22) 46 (18-19) Sectoral Growth Rates Sectoral Share in GDP International Trade & BoP Exchange rate and Foreign Investment Understanding the Inflation Supply-Side Disruption As the world economy recovered in 2021, it is faced with serious supply-side constraints ranging from delivery delays, container shortages and semiconductor chip shortages. The shortage of containers has also impacted the Indian sea trade. According to the Federation of Indian Export Organization set up under the Ministry of Commerce and Industry, the lack of containers has resulted in rising sea freight rates in the range of 300 per cent to 350 per Cent. supply chain disruptions in the semiconductor industry have spillovers in over 169 industries. The manufacturing of semiconductors requires large amount of capital and has an average gestation period of 6-9 months. Moreover, it has a fairly-long production cycle of about 18-20 weeks. Hence, any recovery from the supply chain disruptions will be a slow and costly affair. Economic Crisis faced by India in 21st century Growth prospects
