Page 33 - Latest Updates on Economic Survey
Gross tax to GDP ratio declined to 10.9% in FY19: Economic survey
The survey said though there has been improvement in tax to GDP ratio over the last six years, gross tax revenues as a proportion of GDP has declined by 0.3 percentage points in 2018-19 over 2017-18
 "Gross tax to GDP ratio declined to 10.9% in FY19: Economic survey")
Govt appears to be pessimistic about economy: Chidambaram on Eco Survey
Chidambaram, who had four stints as finance minister, said the survey didn't have sector-wise growth projections.
 "Govt appears to be pessimistic about economy: Chidambaram on Eco Survey")
India's workforce will retire later as life expectancy improves: Eco Survey
Economic Survey says government must plan for pensions and other retirement provisions.
 "India's workforce will retire later as life expectancy improves: Eco Survey")
Eco Survey wants Bhalla panel plan adopted for doubling exports to $1 trn
The key suggestions include lowering effective corporate tax rate, bringing down cost of capital and simplifying regulatory and tax framework for foreign investment funds
 "Eco Survey wants Bhalla panel plan adopted for doubling exports to $1 trn")
MARKET WRAP: Indices end higher ahead of Budget 2019, Nifty below 11,950
All that happened in markets today.
 "MARKET WRAP: Indices end higher ahead of Budget 2019, Nifty below 11,950")
Economic Survey moots shift from dwarfs to 'infant' firms for growth, jobs
Deregulating labour law restrictions can create significantly more jobs, as seen by the recent changes in Rajasthan when compared to the rest of the states, the survey noted
 "Economic Survey moots shift from dwarfs to 'infant' firms for growth, jobs")
Economic Survey 2019 outlines vision to achieve $5-trn economy: PM Modi
The Eco Survey analyses the trends in agricultural and industrial production, infrastructure, employment, money supply, prices, imports, exports, foreign exchange reserves ahead of Union Budget 2019
 "Economic Survey 2019 outlines vision to achieve $5-trn economy: PM Modi")
Many states have achieved 100% open defecation free status: Economic Survey
The mission mirrors the national developmental priorities by focusing on gender equality and women empowerment, the survey said
 "Many states have achieved 100% open defecation free status: Economic Survey")
Eco Survey urges freer labour laws to create jobs, cites Rajasthan example
As per the Survey, no major labour reforms were initiated by the states in between the years 2007 and 2014
 "Eco Survey urges freer labour laws to create jobs, cites Rajasthan example")
Need to raise per capita energy consumption by 2.5 times: Eco Survey 2019
The survey said India has the potential for $30 billion annual investment in renewables in next decade and even beyond that in view of its ambitious target of having 175 GW of clean energy by 2022
 "Need to raise per capita energy consumption by 2.5 times: Eco Survey 2019")
Eco survey urges policy to cut EV ownership cost, ramp share beyond 0.06%
The Survey, which was tabled in Parliament by Finance Minister Nirmala Sitharaman, also said the country can emerge as a hub of EV manufacturing
 "Eco survey urges policy to cut EV ownership cost, ramp share beyond 0.06%")
Eco Survey 2019: Economy moved to low level of inflation in last 5 fiscals
Retail inflation during the first month of the current fiscal stood at 2.9 per cent, down from 4.6 per cent a year ago
 "Eco Survey 2019: Economy moved to low level of inflation in last 5 fiscals")
Economic survey seeks consistency in policymaking to check uncertainty
The survey also states that policymakers at the highest level must monitor the economic policy uncertainty index on a quarterly basis
 "Economic survey seeks consistency in policymaking to check uncertainty")
Economic Survey 2019 is candid about economy realities, say experts
The projection comes a day before the government is due to unveil its budget for the 2019/20 year.
 "Economic Survey 2019 is candid about economy realities, say experts")
It is data 'of the people, by the people, for the people': Economic Survey
The Economic Survey for 2018-19 asserted that benefits of creating data as a public good can be generated within the legal framework of data privacy
 "It is data 'of the people, by the people, for the people': Economic Survey")
Economic Survey 2019: India needs 8% growth to be $5-trn economy by FY25
The Survey, however, cautions that the country might face a challenge from an economic slowdown impacting tax collections amid rising state expenditure on the farm sector
 "Economic Survey 2019: India needs 8% growth to be $5-trn economy by FY25")
Political stability should awaken the animal spirits of the economy: CEA
Real gross domestic product growth for the fiscal year started April 1 is projected at 7%, the Finance Ministry said in its annual Economic Survey report
 "Political stability should awaken the animal spirits of the economy: CEA")
Eco Survey tabled in Parliament, 2019-20 GDP growth expected to rise to 7%
In January-March, annual growth slumped to 5.8%, the slowest pace in 20 quarters.
 "Eco Survey tabled in Parliament, 2019-20 GDP growth expected to rise to 7%")
Economic Survey has estimated 2019-20 GDP growth at 7%, say TV reports
Investment rate should pick up in FY20 on higher credit growth and improved demand, the Survey, projecting the state of economy and outlining the challenges facing it, is believed to have said
 "Economic Survey has estimated 2019-20 GDP growth at 7%, say TV reports")
Economic Survey likely to have 8 to 9 out-of-box ideas for long-term growth
Sources said Krishnamurthy Subramanian, the Chief Economic Advisor, may try to give not-to-common ideas on these key indices which are facing challenges
