Page 18 - Latest Updates on Economic Survey
A realistic survey of the Indian Economy
The upshot of the above figures is that despite being faced with a highly challenging external environment this year, overall, the India economy will emerge from it relatively unscathed
Economic Survey primer: Here are short notes on key economic policy issues
A few nuggets from the survey - recouping what was lost, and re-energising what had slowed down
 "Economic Survey primer: Here are short notes on key economic policy issues")
Eco Survey projects FY24 GDP growth at 6-6.8%, sees investments picking up
Commodity prices will raise total import bill and add to unfavourable developments in current account balance, it says
 "Eco Survey projects FY24 GDP growth at 6-6.8%, sees investments picking up")
India Inc's capex juggernaut on the roll, says Economic Survey 2023
Private capex at Rs 3.3 trillion recovers in first half FY 2023 vs Rs 2.6 trillion in first half of 2022
 "India Inc's capex juggernaut on the roll, says Economic Survey 2023")
Public-private synergy set to boost climate-resilient infra: Eco Survey
This also comes as India has been trying to crowd in private investment for infrastructure ever since the onset of Covid-19 in 2020
 "Public-private synergy set to boost climate-resilient infra: Eco Survey")
Eco Survey: FDI, IPOs, simplified rules may accelerate M&As in insurance
The Survey points out that the highly competitive sector is already witnessing M&As as insurers have huge opportunities and volume to co-exist in the space
 "Eco Survey: FDI, IPOs, simplified rules may accelerate M&As in insurance")
Real rural wages expected to rise as inflation eases: Economic Survey
Survey says agriculture needs 'reorientation' in view of new challenges
 "Real rural wages expected to rise as inflation eases: Economic Survey")
Rs 7.3 trn debt settled before initiating insolvency: Economic Survey
However, concerns have lately been raised over declining rates of recovery in comparison to their claims admitted through the IBC mechanism, resulting in large haircuts for lenders
 "Rs 7.3 trn debt settled before initiating insolvency: Economic Survey")
Credit growth to sustain and spark virtuous cycle: Economic Survey
The year-on-year (YoY) growth in non-food bank credit sped up to 15.3 per cent in December 2022, with the credit growth broad-based across sectors, the Survey said
 "Credit growth to sustain and spark virtuous cycle: Economic Survey")
Govt health spend must hit 2.5% of GDP by 2025, says Economic Survey
At the same time, out-of-pocket expenditure as a percentage of total health expenditure has declined from 64.2 per cent in FY14 to 48.2 per cent in FY19
 "Govt health spend must hit 2.5% of GDP by 2025, says Economic Survey")
Eco Survey is assuring; believes we have completely regained lost ground
The Economic Survey 2023-24 is assuring and it affirms that we have completely regained lost ground, says Madan Sabnavis
 "Eco Survey is assuring; believes we have completely regained lost ground")
Economic Survey: Labour markets, employment back to pre-pandemic levels
The Survey highlighted the measurement issues in calculating female LFPR
 "Economic Survey: Labour markets, employment back to pre-pandemic levels")
Economic Survey 2022-23: Industry and services regaining momentum
Gross value added in the industrial sector posted a strong upturn, registering a growth rate of 3.7 per cent in H1, FY23, higher than the average growth of 2.8 per cent in H1 of the last decade
Latest LIVE: 12 dead in massive fire at multi-storey building in Dhanbad
Catch all the latest Budget 2023-24 news and updates here
 "Latest LIVE: 12 dead in massive fire at multi-storey building in Dhanbad")
Economic Survey 2022-23: Indian start-ups exploring reverse-flipping
Suggests simplifying tax layers, capital flow procedures like those in the US, Singapore
 "Economic Survey 2022-23: Indian start-ups exploring reverse-flipping")
India vows to remain committed to net zero, yet defends use of fossil fuels
While the Survey documented India's position with respect to carbon emissions, it was silent on a domestic problem caused in part by coal burning: air pollution
 "India vows to remain committed to net zero, yet defends use of fossil fuels")
Economic Survey: Non-fossil fuel energy capacity expected to triple by FY30
To achieve target for installed capacity, it will have to grow at CAGR of 16.25%
 "Economic Survey: Non-fossil fuel energy capacity expected to triple by FY30")
Optimistic outlook
Higher growth will need more reforms
Budget 2023: Tax sops, fiscal consolidation tight rope walk for Sitharaman
But all this she has to do while staying on the course of the fiscal consolidation path
 "Budget 2023: Tax sops, fiscal consolidation tight rope walk for Sitharaman")
Great potential in civil aviation sector; air travel rebounded: Eco Survey
With the containment of Covid-19 infections and the lifting of travel restrictions worldwide, the survey said, air travel has rebounded
 "Great potential in civil aviation sector; air travel rebounded: Eco Survey")