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What were the factors that drove GDP growth in India during the fiscal year 2022-23.? Examine the role of government policies in the increased GDP growth.

Topic: Indian Economy and issues relating to planning, mobilization, of resources, growth, development and employment.

4. What were the factors that drove GDP growth in India during the fiscal year 2022-23.? Examine the role of government policies in the increased GDP growth. (250 words)

Difficulty level: Tough

Reference: Live Mint

Why the question:

The article discusses the factors that contributed to GDP growth in India during the fiscal year 2022-23.

Key Demand of the question:

To write about the factors behind increased GDP growth and role of government policies in its increase.

Directive word: 

Examine – When asked to ‘Examine’, we must investigate the topic (content words) in detail, inspect it, investigate it and establish the key facts and issues related to the topic in question. While doing so we should explain why these facts and issues are important and their implications.

Structure of the answer:

Introduction: 

Begin by giving context.

Body:

First, write about the factors that led to increased GDP growth – investment and infrastructure, industry and manufacturing, services and consumption, and international trade.

Next, write about the role of government policies in driving the GDP growth – mention the major polices and its impact. Write about the successes and limitations.

Conclusion:

Conclude by writing a balanced opinion.