New Delhi: The country's general budget is scheduled to be presented on Tuesday, February 1. Earlier, Principal Economic Advisor Sanjeev Sanyal has said that global inflation has been a source of trouble for a long time, but even after this, employment generation has improved. At the same time, he said that the lockdown has had a bad impact on employment.
Sanjeev Sanyal, who led the team that prepared this year's Economic Survey, said the situation in the agriculture and industrial sector is steadily getting better. It has come to the pre-Corona pandemic situation. Sanjeev Sanyal said that the agriculture and industrial sectors are much above the pre-corona levels. He said the service sector was the worst affected in the Covid period. But things have come back on track. At the same time, the situation in finance and public administration has also improved. But only contact intensive services are lagging behind.
On the issue of rising prices, Sanjeev Sanyal said that global inflation is an issue that is impacting many emerging economies. Due to geopolitics, there is uncertainty about oil prices. This has led to a sharp increase in oil prices.