Page 11 - Latest Updates on Economic Survey
Economic Survey likely to project 6.3-6.8% GDP growth for next fiscal year
The Survey 2024-25, authored by Chief Economic Advisor V Anantha Nageshwaran and his team, will be tabled in Parliament this afternoon
 "Economic Survey likely to project 6.3-6.8% GDP growth for next fiscal year")
Budget session to commence today; FM to present Economic Survey at noon
The first part of the Budget session will continue till February 13 and the two Houses will again meet on March 10 after recess with the session concluding on April 4
 "Budget session to commence today; FM to present Economic Survey at noon")
Markets Today: Economic Survey, US GDP; Nestle, ONGC, Q3; Dr. Agarwal's IPO
Back home, at 6:40 AM, GIFT Nifty futures indicated a strong start, up 71 points at 23,489
 "Markets Today: Economic Survey, US GDP; Nestle, ONGC, Q3; Dr. Agarwal's IPO")
Economic Survey 2025: What it is and when will it be tabled in Parliament?
The presentation of the Economic Survey marks the beginning of the Budget session in Parliament, which runs from January 31 to April 4, 2025
 "Economic Survey 2025: What it is and when will it be tabled in Parliament?")
NDA's policies marching India forward into the middle income trap: Congress
Congress leader P Chidambaram released the report prepared by the party's Research Department, which former Rajya Sabha M V Rajeev Gowda heads
 "NDA's policies marching India forward into the middle income trap: Congress")
Budget session 2025 to be held from Jan 31 to Apr 4: Check key dates here
President Droupadi Murmu will address a joint sitting of the Upper and Lower Houses on January 31, after which the Economic Survey will be tabled
 "Budget session 2025 to be held from Jan 31 to Apr 4: Check key dates here")
Unincorporated enterprises rise 12.28%, sees 10% rise in jobs: Govt survey
The sector employed more than 120 mill workers between October 2023 and September 2024, marking an increase of more than one crore workers from 2022-23 and reflecting robust labour market growth
 "Unincorporated enterprises rise 12.28%, sees 10% rise in jobs: Govt survey")
Low salaries can be self-destructive for India Inc, says CEA Nageswaran
Deregulation to be big theme of Eco Survey
 "Low salaries can be self-destructive for India Inc, says CEA Nageswaran")
Govt's small savings collection may not exceed July BE of Rs 4.2 trillion
Shift to new tax regime, steady rates affect collections
 "Govt's small savings collection may not exceed July BE of Rs 4.2 trillion")
Rising passive incomes: Companies favour financial investments over assets
A shift in focus towards private investment is required to sustain the growth momentum. This should be a concern for policymakers
 "Rising passive incomes: Companies favour financial investments over assets")
India's per capita to income to increase by $2,000 over 5 years: Sitharaman
Speaking at Kautilya Economic Conclave, Finance Minister Nirmala Sitharaman noted that while it took the country 75 years to achieve a per capita income of $2,730, the next leap will be much faster
 "India's per capita to income to increase by $2,000 over 5 years: Sitharaman")
Best of BS Opinion: The right framework, private sector's space lift-off
Here is the best of Business Standard's opinion pieces for today
 "Best of BS Opinion: The right framework, private sector's space lift-off")
Economic momentum intact for 6.5-7% growth in FY25: Finance Ministry
The ministry added that both the consumer and industrial outlook surveys, which showed a declining trend, need to be monitored for future trends
India's GDP growth slowed down to six-quarter low of 6% in Q1 FY25: ICRA
The credit rating agency expects India's GDP to grow by 6.8 per cent for the full fiscal year 2024-25, lower than the 8.2 per cent achieved in 2023-24
 "India's GDP growth slowed down to six-quarter low of 6% in Q1 FY25: ICRA")
Chinese investments will not benefit India
High cost of doing business and geopolitics limit opportunities
 "Chinese investments will not benefit India")
Don't count on a growth miracle
In a volatile global landscape, sustained growth rate of more than 7 per cent is quite a challenge
 "Don't count on a growth miracle")
Inflation targeting without food is no solution
While the interests of famers need to be protected, it would further complicate monetary and macroeconomic management
 "Inflation targeting without food is no solution")
Unemployment rate will drop below 3%, no concern for job losses: Mandaviya
Union Labour Minister Mansukh Mandaviya assured the Lok Sabha that employment generation efforts by Prime Minister Narendra Modi has led to significant reduction in the unemployment rate
 "Unemployment rate will drop below 3%, no concern for job losses: Mandaviya")
Economic Survey pessimistic on export growth prospects
In an era when global economic growth is likely to be buffeted by geopolitical tensions and protectionism, growing India's exports of goods and services will be a stiffer challenge than before
 "Economic Survey pessimistic on export growth prospects")
Excluding food from RBI's inflation framework may not have many takers
Headline numbers best communicated to common man; Govt needs to step up supply management
 "Excluding food from RBI's inflation framework may not have many takers")