ENA Sectors 2022-01-31 09:29:36 <p><strong>New Delhi, Jan 31 (KNN)</strong> The Economic Survey has highlighted a slow and costly recovery in the semiconductor supply chain as the manufacturing depends on large capital requirements for the supply chain disruptions to neutralise.</p> <p>It has projected a GDP growth rate of 8-8.5 per cent in 2023, which is tabled by the Finance Minster Nirmala Sitharaman in the Parliamnet for the budget session 2022-2023.</p> <p>For Gross Fixed Capital Formation (GFCF) will achieve full recovery of pre-pandemic level and is expected to see strong growth of 15 per cent in 2021-22, states the economic survey.</p> <p>The agriculture sector progress in 2021-22 owing to an effective agriculture export policy coupled with the increased demand for staples during the COVID-19 pandemic.</p> <p>The export of agriculture and allied products (including marine and plantation products) grew by 23.2 per cent to $ 31.0 billion during April-November, 2021 over the corresponding period of 2020-21 and by 35.0 per cent over April-November, 2019, surpassing the pre-pandemic levels.</p> 28219 https://knnindia.co.in/news/newsdetails/sectors/budget-session-2022-economic-survey-projects-slow-and-expensive-recovery-of-semiconductor-supply-chain 2022-01-31 09:29:36 knnindia.co.in