Here is the best of Business Standard's opinion pieces for today
Cites risks of geopolitical tensions, rise in protectionism, higher trade cost because of the Red Sea crisis, and commodity price volatility as reasons
This could be a disadvantage for the Indian economy, mentions the survey
Share of agriculture in workforce will decline from 45.8 per cent in 2023 to one-fourth in 2047, it says
"Even as developed nations prepare to impose a carbon tax at the border on imports coming into their countries laden with carbon, they are ramping up energy demand like never before," said the Survey
There are five issues that have been brought up in the Survey which requires discussion
Cites Apple, Foxconn success stories on China Plus One; Calls to strike a balance between importing goods and FDI from China
The Survey said the global trade outlook for 2024 remains positive, with merchandise trade expected to pick up after registering a contraction in volumes in 2023
Hardships caused to poor and low-income consumers can be handled through DBT, it says
A recent report by the Principle Scientific Adviser, Government of India and IIM Ahmedabad estimates India's energy demand to double by 2040
Tax revenue's continued growth, meanwhile, is led by direct taxes
A small enterprise is where the investment in plant and machinery or equipment does not exceed Rs 10 crore, and turnover does not exceed Rs 50 crore
Economic Survey says mkt claim on real economy 'excessively high', may lead to instability
Social media, unhealthy food impacting workers
Says that he was upbeat but cautious about the growth prospects of India while projecting a 6.5-7% GDP growth rate for 2024-25
Survey says nearly 135 mn have emerged from multidimensional poverty
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In FY22 and FY23, clothing was a major driver of inflation
The Survey projects India's economic growth at 6.5-7 pc in FY2024-25 versus 8.2 pc in 2023-24
Public policy should pay particular attention to boosting the tourism sector, Survey notes