The Survey stated that while India had secularly decreased domestic economic policy uncertainty since 2012 and had been exceptional in reducing this uncertainty since 2015
Economic Survey explained how the cost of per gigabyte of storage has dropped from Rs 61,050 in 1981 to less than Rs 3.48 today
While 'recognised' start-ups don't have to pay corporate tax for 5-7 years, they still have to pay MAT on book-profits at 18.5%, which is seen as a major cash out-go in early stage enterprises
The key suggestions include lowering effective corporate tax rate, bringing down cost of capital and simplifying regulatory and tax framework for foreign investment funds
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
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
It's what economists call a classic "crowding out" of the private sector. India Inc. is clamoring for lower costs of capital, but the level of public debt is keeping them elevated
The mission mirrors the national developmental priorities by focusing on gender equality and women empowerment, the survey said
The Survey, which was tabled in Parliament by Finance Minister Nirmala Sitharaman, also said the country can emerge as a hub of EV manufacturing
The survey also states that policymakers at the highest level must monitor the economic policy uncertainty index on a quarterly basis
The projection comes a day before the government is due to unveil its budget for the 2019/20 year.
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
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
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
Government emissaries had met a spectrum of foreign investors in the past couple of months to figure out ways to draw in more capital into the economy
Newly appointed Finance Minister Nirmala Sitharaman will present her first budget on Friday
Growth slowed to a five-year low of 5.8% in the first three months of 2019 -- well below China's 6.4% expansion -- putting pressure on Modi to deliver on a stimulus plan to kickstart consumption
Although, said Gupta, various government initiatives may accelerate economic growth in next 1-2 months and hence change sentiment
Strong leadership is central to managing sectors that have the highest potential to meet our employment objectives
Industry seeks level-playing field with primary metal producers who enjoy duty-free import of finished products under FTAs with various countries