Says there is a need for accelerated fiscal consolidation in view of reduced macroeconomic pressures
Says it is likely to improve further on the back of plummeting crude oil prices coupled with sharp recovery in the US economy
Expects FY16 GDP growth at over 8% and inflation to drop between 5 - 5.5 %
Says the JAM allows the state to offer this support to poor households in a targeted and less distorting way
The survey calls for a National Common Market to ensure better and uniform price for agriculture commodities
'Big Bang Reforms' tend to happen after crisis and India is not in the midst of one; rising influence of states and institutions restricts the Centre's ability to reform
Says the economy is likely to over-perform on RBI's inflation target by about 0.5-1 percentage point
According to the economic survey, the AUM under the NPS witnessed an increase from Rs.48,136 crore as on 31, Mar 2014 to Rs.72,000 crore as on 31, Dec 2014
The document also noted that India is somewhat of a paradox on gender issues
Healthy competition from capital markets is essential too which will require policy support, said the Survey
Governance norms made more stringent and there has been a greater parity between private and listed public companies
A look at the major highlights of the Economic Survey, 2014-15
The Survey also stressed on the need for increasing overall revenue to GDP ratio
The govt document, however, raised concerns over consumer safeguards and proposed amendments to the Consumer Protection Act
Citing, AT Kearney's Global Retail Development Index, the Survey said India's retail trade ranking slipped to 20th in 2014 from 14th in 2013
Says Indian IT-BPM industry, which raked in revenues of $119 billion in 2014-15, is being driven by greater automation, expanding omni-channel presence and application of analytics across the entire v
The Survey also called for subsidy rationalisation and setting up of a national common market for agri-produce
Says reduction in CAD to about 1% in the coming fiscal year has made India an attractive investment destination well above most other countries
The report ranked India 48th in terms of innovation with score of 4, compared to China's ranking at 40 (score 4.2) and Brazil 44 (score 4.1)
The Survey's comments belie talk of a possible merger of the commodities markets regulator and capital markets regulator Sebi