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Finance Minister Nirmala Sitharaman tables Economic Survey 2023, check highlights here

The survey said India’s economy is projected to slow to 6.5 per cent in the fiscal year from April, however, it will remain the fastest-growing major economy in the world.

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Finance Minister Nirmala Sitharaman

Followed by the maiden address by President Droupadi Murmu, Finance Sitharaman Nirmala Sitharaman tabled the Economic Survey for 2023 on Tuesday ahead of the Union Budget 2023.

The survey said India’s economy is projected to slow to 6.5 per cent in the fiscal year from April, however, it will remain the fastest-growing major economy in the world.

Economic Survey 2023: Highlights

  • India will remain the fastest-growing major economy in the world.
  • The country’s Gross Domestic Product (GDP) will grow 6.5 per cent in 2023-24 as compared to 7 per cent this fiscal and 8.7 per cent in 2021-22.
  • India is the third-largest economy in Purchasing Power Parity (PPP) terms and the fifth-largest in terms of the exchange rate.
  • The Economic Survey 2023 also said GDP in nominal terms will be 11 per cent in the next fiscal.
  • The optimistic growth will be influenced by the rebound of private consumption that will boost production activity, higher capital expenditure, and near-universal vaccination coverage. This will enable citizens to spend on contact-based services like cinemas, hotels, restaurants, and shopping malls.
  • The Survey also highlighted the challenge to rupee with the likelihood of further interest rate hikes by the US Fed and said India’s recovery from the coronavirus pandemic was relatively quick and the growth will be supported by a pick-up in capital investment and solid domestic demand.
  • Highlighting the exports, the Survey said the growth moderated in the second half of the current fiscal and further said shrinking global trade and slowing world growth led to the loss of export stimulus in the second half of the current year.
  • The Survey also highlighted the return of migrant workers to cities to work on construction sites which led to a significant decline in the housing market inventory which is also a factor for the optimistic growth projection.

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Amritpal Singh case: Fugitive Khalistani leader’s gunman Gorkha Baba arrested by Punjab Police

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Waris Punjab De chief Amritpal Singh's gunman Tejinder Singh alias Gorkha Baba (encircled). FILE PHOTO

Tejinder Singh aka Gorkha Baba, a notorious associate and former gunman of fugitive Khalistani leader Amritpal Singh was arrested by the Punjab Police on Thursday, officials said.

A report quoted DSP Payal Harsimrat Singh of the Punjab Police as saying that Tejinder Singh, a resident of Punjab’s Mangewal village, was nabbed by the Khanna police.

DSP Harsimrat said Tejinder, who was a gunman for Amritpal Singh for a long period and often lived with the Waris Punjab De chief, is also involved in the Ajnala case. The officer said that Tejinder, also known as Gorkha Baba, was very active on social media and often posts pictures of himself brandishing different weapons due to which he’s wanted in a separate case registered against him at Malaud police station.

The official further said that Tejinder has been booked under sections 107/151 of the Indian Penal Code (IPC) and two other aides who accompanied him, have also been taken into custody and are being questioned.

She said that Tejinder had several cases, including liquor smuggling and assault, registered against him prior to this and he had already served time for those.

Earlier in the day, seven aides of Amritpal Singh brought to Amritsar’s Baba Bakala court amid heavy police presence where they were remanded to police custody till tomorrow.

In a statement, Senior Superintendent of Police Rural Amritsar Zone, Satinder Singh said the seven accused were nabbed along with six illegal 12-bore weapons and were booked under the Arms Act along with their leader Amritpal Singh, who is still at large.

Earlier today, the Punjab Police said that Amritpal Singh—the notorious pro-Khalistani separatist leader—changed five vehicles in 12 hours to stay a step ahead of law enforcement agencies and evade arrest.

Last month, Amritpal Singh and his supporters armed with swords and guns, stormed a police station in Ajnala on the outskirts of Amritsar city and clashed with police for the release of one of his aides Lovepreet Singh.

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Tamil Nadu man throws acid at wife inside Coimbatore court complex

In a shocking incident, a man allegedly hurled a bottle of acid on his wife and her lawyers at court complex in Coimbatore in Tamil Nadu on Thursday, officials said.

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Tamil Nadu man throws acid at wife

In a shocking incident, a man allegedly hurled a bottle of acid on his wife and her lawyers at court complex in Coimbatore in Tamil Nadu on Thursday, officials said.

According to the police, the victim, Kavitha had reached the district court complex in Coimbatore in connection with a hearing of a case when her husband, Sivakumar, brazenly threw a bottle of acid at her face, injuring her and at least three others in the attack.

The victims, Kavitha and her lawyers, sustained burn injuries in the acid attack and were rushed to a nearby government hospital for medical attention.

An official said Sivakumar was overpowered and pinned down by some lawyers who witnessed the incident and later handed over to the police.

Giving details he said that police saved Sivakumar from a mob that gathered after the attack and wanted to thrash him, adding that the accused had carried the acid in a water bottle.

Read Also: Jharkhand: Policeman steps on 4-day-old baby while searching a house, baby dies

The official further said that the accused has been arrested and a case registered against him under relevant sections of the Indian Penal Code (IPC), adding that further investigation is underway to determine Sivakumar’s motive behind the attack.

In a similar incident, a shocking video emerged back in January, where a man from the Cooperganj area of UP’s Kanpur claimed that his wife threw acid on his face.

As per reports at the time, a heated argument broke out between the couple, where the husband asked her why she came so late home, and the agitated lady lost her temper and threw acid from the bottle on his face.

A video of the incident had gone viral on social media platforms.

With an injured face, the victim went to the police station and registered his complaint about the incident. After investigating and questioning him, police arrested the woman for the offense.

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Jharkhand: Policeman steps on 4-day-old baby while searching a house, baby dies

Bhushan’s family members allege that the child was trampled to death by the policemen.

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Policeman steps on baby

A horrific incident has come to light from Jharkhand’s Giridh district where a policeman allegedly stepped on a 4-day-old baby while searching a house to nab the accused. The incident took place in Kosogondodighi village in the district on Wednesday.

The reports state that while searching a house for the accused, who is also the child’s grandfather, the police allegedly stepped on a newborn who was asleep in one of the rooms.

State Health Minister Banna Gupta said, Such kinds of incidents will be criticized and strict action will be taken. This country runs according to the Constitution thus action will be taken against the police officials as well.

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The locals claim that a team headed by Sangam Pathak, in charge of the Deori police station, reached the accused, Bhushan Pandey’s, house to catch him after a non-bailable warrant was issued against him. However, seeing the police, all the family members of Bhushan’s family left the house, leaving the infant alone.

The mother of the deceased newborn Neha Devi alleged that the baby was sleeping inside the house when the police were searching the nook and corner of the house. Upon reaching the house, after the police team had gone, she found her child dead.

Bhushan’s family members allege that the child was trampled to death by the policemen.

Deputy Superintendent of Police Sanjay Rana said that an investigation into this matter is underway and the body has been sent for postmortem. Action will be taken after the proper investigation.

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