Revamped presentation style of the Economic Survey
Says it makes a case for monetary easing and its discussion of the pros and cons of departing from the fiscal consolidation target favours a relaxation
On an annual basis, we'll seek out solutions to Indian Railways' most critical problems through 'innovation challenge': Suresh Prabhu
Rich getting undeserved subsidies on account of gold, cooking gas, kerosene, electricity, railway fares, ATF plus the small savings scheme
Weakened global economic outlook, sharp drop in commodity prices and poor corporate earnings have taken a toll on the market performance over the last one year
Sharp fall in share prices, however, clouds outlook for now
Global headwinds, local disappointments to keep growth at 7-7.5%; Survey suggests exit policy for firms, wants RBI to ease liquidity & cut rates
FMCG, automobile industries say if GST regime kicks in, rail hubs can take Make in India to a new high
If the recommendation is accepted, it would release more than Rs 5 lakh crore from RBI reserves
The Survey said this will be a more effective method of financial inclusion than replacing fertiliser subsidy with cash
Country had a transition from 'socialism with a limited entry to marketism without exit'
Workers can choose between higher take-home and contributing part of salary to EPF
While an import duty is ruled out, a small excise duty on jewellery manufacturing can be on the cards
Automakers in the south are expecting a reduction of 10-15% in cost of transporting vehicles
By March 2019, government is planning to replace 77 crore incandescent bulbs with LED and 3.5 crore conventional streetlights with energy-efficient LED lights
By joining an expanded Trans-Pacific Partnership (TPP) or participating in a comprehensive Free Trade Area of the Asia Pacific (FTAAP) and the country's national income would expand by 4%, or $200 bil
It adds that while policy rates have been reduced substantially with four rate cuts of 125 basis points in 2015, bank lending rates have only fallen by around 50 basis points
Business Standard sums up the Economic Survey 2015-2016 through graphs