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    <title>KEY HIGHLIGHTS OF THE ECONOMIC SURVEY 2021-22</title>
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    <description>Strong macroeconomic recovery in 2021-22 is driven by robust real GDP growth and projected continued expansion into 2022-23, underpinned by higher private investment, improved consumption and trade, elevated capital expenditure, and supply-side reforms. Fiscal performance showed sharp revenue gains and contained fiscal deficit amid pandemic-related borrowing; external buffers strengthened with rebound in exports, higher net capital inflows, and record foreign exchange reserves. Monetary conditions remained accommodative with improved bank credit, better asset quality, and an active capital market, while inflation dynamics reflected moderating retail inflation but rising wholesale pressures.</description>
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