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
Survey shows the way for sustained growth
While services exports may continue to have a competitive advantage, future growth will hinge on domestic consumption and investment demand
The Survey says the idea of economic globalisation has run its course and it may not be reversed fully
The Survey also talked about positive transformations in the regulatory landscape of the service sector which have helped in creating a conducive business environment
Suggests to resolve transfer pricing matters to sustain foreign investor interest
Mission LiFE seeks to promote sustainable lifestyles through mindful utilisation of resources, minimisation of waste, and adoption of green choices
Indian state can free up its capacity and enhance its capability to focus on areas where it has to by letting go of its grip in areas where it does not have to, the survey stated
Private gross fixed capital formation must accelerate in machinery, equipment, intellectual property products to create quality jobs
Economic Survey 2024 news: The Economic Survey stated that short-term inflation outlook seems benign, but India faces persistent deficit in pulses