Page 756 - Economy & Policy News

Economic Survey: GDP growth expected to reduce, but govt finances improving

Private investment is picking up, and IT services exports remain resilient

Electronics export may grow by 37% to cross Rs 1.6 trn this fiscal: ICEA

The electronic goods export in 2021-22 was Rs 1,16,937 crore, according to India Cellular and Electronics Association (ICEA)

Indian factories growing larger, getting clustered: Economic Survey

Number of persons engaged in larger factories was up 13.7 per cent compared to 4.6 per cent in smaller factories

Economic Survey: Start-up jobs increase 6x even as funding declines

Tracxn data shows that investments in domestic start-ups declined by 38.8% to $25.8 bn in 2022

Telangana logged highest inflation in FY23, reveals Economic Survey

The report also shows that the inflation in rural Telangana was 9.2 per cent while it was 8.3 per cent in the urban areas

CAD may reach manageable levels in second half of FY23: Economic Survey

This could be owing to cheaper crude oil, resilient net services exports and buoyant inward remittances

Rupee slides 43 paise on risk aversion ahead of Budget, Fed statement

Govt bond yields decline ahead of Budget statement as traders feel the fall in prices over the past week had been overdone

Economic Survey primer: Here are short notes on key economic policy issues

A few nuggets from the survey - recouping what was lost, and re-energising what had slowed down

Eco Survey projects FY24 GDP growth at 6-6.8%, sees investments picking up

Commodity prices will raise total import bill and add to unfavourable developments in current account balance, it says

FSSAI rules on incorporating millets as nutritional menu in canteens soon

"Let us have a 'Healthy Food Street or Food Hub' in every town and district where millet-based recipes are available along with hygienic amenities," Mandaviya said

India Inc's capex juggernaut on the roll, says Economic Survey 2023

Private capex at Rs 3.3 trillion recovers in first half FY 2023 vs Rs 2.6 trillion in first half of 2022

Public-private synergy set to boost climate-resilient infra: Eco Survey

This also comes as India has been trying to crowd in private investment for infrastructure ever since the onset of Covid-19 in 2020

Real rural wages expected to rise as inflation eases: Economic Survey

Survey says agriculture needs 'reorientation' in view of new challenges

Rs 7.3 trn debt settled before initiating insolvency: Economic Survey

However, concerns have lately been raised over declining rates of recovery in comparison to their claims admitted through the IBC mechanism, resulting in large haircuts for lenders

Govt health spend must hit 2.5% of GDP by 2025, says Economic Survey

At the same time, out-of-pocket expenditure as a percentage of total health expenditure has declined from 64.2 per cent in FY14 to 48.2 per cent in FY19

Upside risks to CPI inflation likely to outweigh downside risks: Eco Survey

The Survey, which was tabled in Parliament on Tuesday by Finance Minister Nirmala Sitharaman, noted that India's inflation management is 'noteworthy' and can be contrasted with advanced economies

Economic Survey: Labour markets, employment back to pre-pandemic levels

The Survey highlighted the measurement issues in calculating female LFPR

Latest LIVE: 12 dead in massive fire at multi-storey building in Dhanbad

Catch all the latest Budget 2023-24 news and updates here

Day ahead of Budget, FinMin reports robust GST mop up of Rs 1.56 trn in Jan

The figure amply indicates that tax revenues are likely to remain strong in 2022-23, and may help the Centre retain the 6.4% fiscal deficit target for the current financial year

Bank credit for services up three-fold in Apr-Dec 22 as economy picks up

Credit to NBFCs and trade (wholesale and retail) showed maximum traction, RBI data showed