The reserves have risen as imports contracted and the country turned surplus.
Sitharaman is scheduled to present the Budget in the Lok Sabha on Monday
Private participation remains low, the Survey shows
Forget fiscal conservatism, turn on the fiscal taps, and ignore debt build-up, says Survey
Stringent lockdown at the very onset of the pandemic enabled flattening of the pandemic curve and provided necessary time to ramp up the health and testing infrastructure
Government spending becomes imperative at the time of excessive risk aversion in the private sector
"The reality of incomplete contracts leads to inevitability of incomplete regulation. This makes some discretion unavoidable," says the Survey
India will not face the problem of debt sustainability even in the worst of scenarios till 2030, the Survey observed.
Economic Survey is rich in analysis and comparisons with international data and this makes it an important policy document as has been the case in previous years
Severely criticises RBI for not being able to unearth full extent of bad debt mess in banks in previous AQR round
The survey said the focus must be on building the health care system generally rather than a specific focus on communicable diseases
India's gross expenditure on R&D is 0.65% of GDP, significantly lower than top 10 economies' spend of 1.5-3%
Kerala, Punjab, Haryana, and Gujarat have highest access to basic amenities
Highways construction will regain fast-pace of the pre-Covid level on the back of multiple initiatives, the survey said
A set of common items were identified or the study, done on January 4.
India can challenge the award in the courts of the seat of the arbitration - in this case, the Dutch courts
To achieve scale, one has to vaccinate 5-10 million people a day and this would need strong cooperation between govt and private sector, he says
During April-December 2020-21, the sectors' output declined by 10.1 per cent against a growth rate of 0.6 per cent in the same period of the previous year
The cabinet also cleared the government's new industrial policy
According to the data released by the Controller General of Accounts (CGA), the fiscal deficit at the end of December in the previous fiscal year was 132.4 per cent of the BE of 2019-20