It is for the second consecutive time that NSO's GDP estimate is significantly lower than the projection made in the survey prepared by the finance ministry
The sector achieved a growth of 5.2 per cent during April-November period of the ongoing financial year as compared to 3.6 per cent in the year-ago period, it added
The Insolvency and Bankruptcy Code (IBC), which came into force in 2016, provides for market-linked and time-bound resolution of stressed assets
According to the Survey, promoters at the helm of defaulting firms pledge almost 50 per cent of their shareholding to lenders on average
Calls for unhindered access to capital for start-ups, govt support in the form of buyback arrangements or schemes to incentivise investors
Among the major Asian countries, India and Indonesia are the only ones with a trade deficit in such products
The government aims to restrict the gap at 3.3 per cent of the GDP or Rs 7,03,760 crore in the year ending March 2020
The survey also said that there is a need to invest in ramping up India's statistical infrastructure. It also said that India has made impressive improvements in several social development indicators
For the current fiscal, it projected a GDP growth of 5 per cent, the lowest in 11 years, and worsening job prospects
A sudden payment default without any prior warning by Infrastructure Leasing and Financial Services (IL&FS) in August 2018 had triggered panic and caused liquidity crisis in the NBFC sector
The Economic Survey 2019-20 tabled in Parliament by Finance Minister Nirmala Sitharaman noted that despite nationalisation a significant portion of the poor remained unbanked till 2014
Net profit for the manufacturing sector contracted in Q1 (June quarter) of 2019-20, mainly due to a production slowdown, it added
Two-thirds of the pipeline is already firmed up; projects of certain states likely to be added to in due course
The food subsidy bill has increased from Rs 1,13,171.2 crore in 2014-15 to Rs 1,71,127.5 crore in 2018-19, it said adding that the reasons for widening of the food subsidy have been many
On Pradhan Mantri Awas Yojna-Urban (PMAY-U) programme, the Survey said the scheme was launched in June, 2015 to provide "pucca" house with basic amenities to all eligible urban poor
The Economic Survey 2019-20, prepared by a team lead by Subramanian, has projected the GDP to expand in the range of 6-6.5 per cent during 2020-21
The survey said the exponential rise in India's GDP and GDP per capita post liberalisation coincides with wealth generation in the stock market
The overarching theme of the Economic Survey 2019-20 is creation of wealth over time and the implementation of policies that act as enablers in creation of this wealth
The Economic Survey tabled in Parliament on Friday said the level and growth of a country's GDP informs several critical policy initiatives as it is a barometer of the economy's size and health
Among those who were enrolled, drop-out rate was as high as 10 per cent at primary level, 17.5 per cent at upper primary/middle, and 19.8 per cent at secondary level, the survey added.