As such, out-of-pocket expenditure (OOPE) as a percentage of THE has come down from 64.2 per cent in FY14 to 47.1 per cent in FY20
The concept of green steel promotes the production of steel using green energy sources and minimizing the usage of fossil fuels
The report also anticipated the UAE could become a hub for sourcing India's capital goods and intermediates for further value-added exports to other African and European destinations
The Economic Survey notes that businesses have an obligation to themselves to strike the right balance between deployment of capital and deployment of labour
India's efforts to link its Unified Payments Interface (UPI) with source countries such as the United Arab Emirates and Singapore are expected to reduce costs and speed up remittances, the survey says
"It is worth reiterating that job creation happens mainly in the private sector," the survey released on Monday said
The software, internet, and banking, financial services, and insurance (BFSI) sectors collectively accounted for about 58 per cent of India's IT GCC talent, according to the document
Budget 2024: India employs nearly 5.4 million formal contract staff or flexi workers through organised contract/temporary staffing companies, according to Economic Survey 2024
It added that India faces two choices to benefit from 'China plus one' strategy and that is either to integrate into China's supply chain or promote FDI from China
Economic Survey 2023-24: The gig workforce is expected to expand to 23.5 million by 2029-30, forming 6.7% of the non-agricultural workforce, and 4.1% of India's total workforce
The Indian stock market, the survey said, was among the best-performing markets, with India's Nifty 50 index rising 26.8 per cent during fiscal FY24, as against a drop of 8.2 per cent during FY23
The Economic Survey 2024 touched on private sector investment, noting visible green shoots but urging caution. Here's why
Data does not show that states with more poverty and higher unemployment rates use more of the scheme's funds, it says
Numbers are 40 per cent lower than the number of overall investor accounts
India has successfully reduced the emission intensity of its GDP, the Survey said
Mcap-to-GDP ratio not necessarily a sign of economic advancement or sophistication, says survey
Says diversification of energy sources needed but thermal power to play significant role
In the preface to the Economic Survey 2023-24, Nageswaran noted that while the government provides substantial support to farmers through subsidies, there is room for improvement
Capital markets' rise in role a 'welcome development' but comes with its challenges, says survey
The Economic Survey on Monday flagged a rise in mental health issues among Indians, calling for a paradigm shift towards a bottom-up, whole-of-community approach to address the problem.