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Economy is sound, let's push reforms, says Economic Survey Painting a picture of a resilient economy, the pre-Budget Economic Survey 2008-09, tabled in Parliament on Thursday by FM Pranab Mukherjee, said India could grow up to 7.75% in 2009-10, up from 6.7% in 2008-09.  Full Story Eco survey prescribes tax cuts as part of another stimulus Economic Survey sets Rs 25,000 cr/yr target from PSU disinvestment Average IPO size up, total number down: Survey Delink licence from spectrum, auction 3G: Survey Rising food prices could undermine inclusive growth: Survey Government Finances Railway Budget - What is there for India Inc Mamata Banerjee announced today during the Railway Budget that 50 stations will be developed as world class stations in public private partnership and 375 stations as ‘Adarsh Stations’ with improved basic amenties. Read Plug leaks, hit the target Reforms needed to boost growth 'Link fiscal deficit target to economic cycle' Slowdown affects revenues More Stories Economy & Reforms NRIs kept faith with India during the global plunge: Survey Even as global investors were pulling out their money from India, Non-Resident Indians (NRIs) deposited $1 billion in bank deposits (net of withdrawals) during the three month period of October-December 2008. Read Recovery may decide growth trajectory Need for rating system for NGOs Dual GST structure favoured Red flag over job losses More Stories Infrastructure & Industry Replace PDS with food stamps Freedom to export and import foodgrain within a domestic price band. Read Step up growth of allied, non-farm activities Taxing time for tax-free enclaves End state control on petro prices Global crisis pulled down growth More Stories Financial Sector 'Allow overseas HNIs to invest directly in stocks' Move aimed to discourage indirect ways of investment, such as participatory notes (PNs), in the capital market. Read Number of deposit-taking NBFCs falls Sebi should regulate entire financial mkt Warning against overprotection 100% assurance for special segments More Stories Columns Not much for exporters in Economic Survey The Economic Survey is fairly upbeat on the growth prospects for the Indian economy but quite downbeat on the growth prospects for exporters. Read Reaching for the stars Will the Budget listen to survey? Govt in a hurry to do things right More Stories Expert Views Cess, surcharge, transaction tax distortionary: Virmani Justifying the Economic Survey’s prescription of phasing out varieties of cess, surcharges and transaction taxes like fringe benefit tax (FBT) and securities transaction tax (STT), the principal author of the pre-Budget document, Arvind Virmani, today said these levies are “distortionary” and impede tax simplification. Read 'We are confident that the growth rate would be around 7%' Economic Survey indicates the direction of govt thinking An effort at projecting optimism More Stories                 Run-Up to Budget 2009               Interim Budget 2009            Union Budget 2008            Union Budget 2007            Union Budget 2006 Jaswant Singh presented only one full budget - in 2003. He introduced two changes.    Click here for more The meaning of key terms used in the Budget    Click here for more

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