On global landscape, the World economic output may exceed 100 trillion for first time in 2022, as per prediction of British Consultancy Cebr. India may overtake France in 2022, and Britain in 2023 to regain its place on the World’s sixth biggest economy. Major economics will have to cope up with inflation also.
The news from core sector is not good as the growth had slowed down in November, 2021 in almost all the sectors. The World Bank and Moody’s have projected the Indian economy to grow @ 8.3% and 9.3% respectively.
Source Taxguru
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