Economic Survey: Comments from Sanjeev Krishan, Chairman, PwC In India

“Economic Survey 2023 presents an optimistic growth projection of 6.5% as a baseline banking on the lagged effect of reforms undertaken over the last 6 years paying off as the drags on the economy from the pandemic, high commodity prices and risks of a global slowdown wear off. The strong balance sheet of banks and corporates are rightly assumed to give a private capex push in addition to the government capex push if the assumptions on the external and demand front are realised.”-Sanjeev Krishan, Chairperson, PwC in India