Page 758 - Economy & Policy News

State budgets are spending more, putting in more money for development

Centre's expenditure on non-development categories like salaries, pensions payments has increased

India, US reaffirm commitment to free, open and inclusive Indo-Pacific

The MEA said both sides reviewed progress made towards further consolidating the India-US Comprehensive Global Strategic Partnership

2nd highest gross GST collection in January 2023 amounting Rs 1.55 trn

Revenues in the current financial year upto January 2023 was 24% higher than the GST revenues during the same period last year

Digital public infra to contribute 30-50 bps to medium-term growth

The government expects the platform to significantly boost the ease of doing business with secure, paperless, and hassle-free contracts

Economic Survey highlights India's diversifying merchandise trade: FIEO

Additional financial support to units generating additional employment in the export sector will also be an incentive for exporters

Digital payments record 24% annual growth at end of Sept 2022: RBI data

The index comprises five broad parameters that enable the measurement of the deepening and penetration of digital payments in the country over different periods

Global finance critical to India's climate actions: Economic Survey

'Enhanced initiatives' by developed countries must be in form of finance, technology transfer, capacity-building

Eco survey 2023: Bright prospects under dark clouds with silver linings

The Economic Survey outlines the underlying framework of reforms in India centred on ease of doing business and ease of living

Economic Survey flags concerns on Crypto, pushes for global regulation

Survey said events such as collapse of crypto exchange FTX have put vulnerabilities of the sector in focus

Sugar production to fall 5% to 34 mn tonnes in 2022-23 marketing year: ISMA

In the previous 2021-22 marketing year, 32 lakhs tonnes of sweetener were diverted towards manufacturing of ethanol for blending with petrol

Covid-19 vaccination: India may have won a major battle, says Eco Survey

97% of the country's eligible beneficiaries have been given at least one dose, while 90% have got two doses

Housing prices beginning to firm up after two-year Covid hiatus: Eco Survey

The release of "pent-up demand" was reflected in the housing market, as demand for housing loans picked up, the Survey noted

Indian farm sector performed well, but needs re-orientation: Eco Survey

The Survey said this growth is partly attributable to good monsoon years and partly to the various reforms undertaken by the government to enhance agricultural productivity

Disinvestment proceeds of Rs 4.07 trn realised in last 9 years: Eco Survey

The Survey said that determined efforts should be taken to make the public sector asset monetisation scheme successful in realising wide-ranging efficiency gains

Economic Survey 2022-23: What does it say about inflation and employment

Economic Survey said that RBI's inflation projections for FY23 are neither too low nor too high

Rlys emerging as modern institution, inaccessible areas being added: Prez

President Droupadi Murmu on Tuesday spoke of the efforts of the Indian Railways in taking the rail network to regions which were previously inaccessible

Indian economy to grow 6.5% in FY24; CAD may widen further: Economic Survey

It added that India is third-largest economy in the world in PPP (purchasing power parity) terms and fifth largest in terms of exchange rate

Here is what CEA Nageswaran said on the morning of the Economic Survey

Nageswaran said that the Economic Survey provides a 'bird's-eye view of happenings in the economy

Inflation, loans, forex balance: The many crises for Pakistan's economy

Without a bailout package from IMF and support from others, India's neighbour will be pushed deeper into the abyss

Budget 2023: What is the Economic Survey? All you need to know about it

The Survey reviews the economic and financial trends in the nation over the past year and provides detailed data and analysis on all the major sectors of the economy