Page 17 - Economic Survey

Pakistan missed GDP growth target; achieves 2.38% in FY24: Economic Survey

Pakistan has missed the growth target for the financial year 2023-24 and achieved 2.38 per cent GDP growth against the target of 3.5 per cent, the cash-strapped government acknowledged on Tuesday. The Economic Survey of Pakistan 2023-24, a pre-budget document detailing the country's major socio-economic achievements during the outgoing fiscal year, was launched by Finance Minister Muhammad Aurangzeb at a press conference. The real GDP posted a growth of 2.38 per cent in FY 2024, showed the document, adding that due to prudent policy management and the gradual economic recovery, the negative growth in FY 2023 turned to positive in FY 2024. The growth remained below the estimated target of 3.5 per cent for the outgoing year and the government failed to achieve it, mainly due to underperformance of industries and services sectors. The minister said that agriculture outperformed every other sector by posting 6.25 per cent growth against a target of 3.5 per cent. However, the industria

Consumer confidence for year ahead improves further: RBI survey

Households' sentiments on the general economic situation and employment prospects recorded notable improvements for both the current period as well as the upcoming year

'Avg daily passengers count in DTC buses yet to reach pre-Covid levels'

The average daily count of passengers travelling in DTC buses declined from 33.31 lakh in 2019-20 to 25.02 lakh in 2022-23, while the corresponding figure for cluster buses fell from 17.71 lakh to 16.39 lakh, according to the Delhi Economic Survey 2023-24. Finance Minister Atishi presented the Economic Survey in the Delhi Assembly on Friday. According to the survey, the average daily passenger count in Delhi Transport Corporation (DTC) and cluster buses is yet to reach pre-pandemic figures. The report showed that while the bus fleet in DTC has declined from 3,951 in 2017-18 to 3,937 in 2022-23, the cluster bus fleet has grown from 1,744 to 3,293. According to the Economic Survey, the average daily number of passengers travelling in DTC buses stood at 29.86 lakh in 2017-18. It rose to 30.15 lakh in the next financial year and then to 33.31 lakh in the 2019-20 fiscal. However, due to the COVID-19 pandemic and the restrictions imposed due to it, the figures fell to 12.24 lakh in 2020-

11 structural medical facilities under construction in Delhi: Survey

Eleven structural medical facilities, including new hospitals, are under construction at present in the national capital, while several other existing hospitals are also being upgraded with more infrastructure, according to the latest Delhi Economic Survey. A report on the survey was presented by Delhi Finance Minister Atishi in the Assembly on Friday. It also said that during the current fiscal year, 7,493 dengue cases were reported in Delhi till November 25 and a total of seven dengue deaths have been reported during the same period. The survey shared data on birth and death rates as well. The birth rate in Delhi had increased to 14.24 per thousand of population during 2022 as against 13.13 for the year 2021. The death rate per thousand of population had declined to 6.07 during 2022 as against 8.28 in 2021. As on March 31, 2023, the Delhi government is providing preventive, promotive and curative health care services to the citizens of Delhi through 38 multispecialty and super ..

200 times increase in dog bite incidents in Bihar: Economic Survey

Bihar has witnessed a more than 200 times increase in dog bite cases compared with the previous year, according to data released by the state's latest economic survey. The Bihar Economic Survey (2023-24) released by the state government has identified dog bite as the most prevalent disease in the state. According to the report, a total of 2,07,181 people suffered dog bite in the year 2022-23 whereas the total number was just 9,809 in the year 2021-22. Analysis of the data reveals that on average 600 people become victim of dog bite in Bihar every day. The second most prevalent disease, as per the report, was cases of malaria in the state. The state witnessed 45,532 cases of malaria in 2022-23, the report said. The report, however, did not mention the number of rabies cases usually transmitted by a bite from an infected animal, including dogs. According to the World Health Organisation report, "Dogs are the main source of human rabies deaths, contributing up to 99 per cent of all .

Union Budget 2024: What is Economic Survey and why is it important?

Unlike every year, the Economic Survey will not be presented on January 31, a day before the Budget 2024 presentation

Economic prospects

Interventions needed to support long-term growth

Union Budget 2024: What is Economic Survey and why it is important

Budget 2024: The Economic Survey is the official report card of the country's economy and is tabled in Parliament by the finance minister a day before the presentation of the Budget

'Micro-firms' could be holding back women from finding employment: Study

Research finds that increasing company size directly increases female participation in the workforce and amending labour laws and policies can help improve gender inclusivity

Finance ministry's May economic report may be FY23 Eco Survey update

It could be the first time that CEA would use MER to give a detailed analysis of last FY

96% unauthorised colonies comes under regular water supply: Economic survey

About ninety-six per cent of unauthorised colonies here have regular water supply and around 93 per cent households access to piped water supply, according to the Delhi Economic Survey 2022-23. The report, which was tabled in the Delhi assembly by Finance Minister Kailash Gahlot on Monday, said since January 2014, around 21.39 lakh consumers have benefited from free water of up to 20 kilolitres. "In a remarkable achievement, GNCTD (Delhi government) has been able to provide regular water supply to unserved and under-served areas, and has covered unauthorised colonies, which is about 96 per cent of total unauthorised colonies in Delhi and efforts have been made to cover remaining unauthorised colonies," the survey noted. "The Delhi government ensured free lifeline water up to 20 kilolitres to every household having metered water connection and around 21.39 lakhs consumers have been benefited under this scheme since its inception," the Delhi Economic Survey (DES) said. The priority .

Delhi govt tables Eco Survey, per capita income grew by 14.18% in 2022-23

The survey was tabled by Delhi Finance Minister Kailash Gahlot on Monday in the Assembly

Delhi Eco Survey: AAP govt's per capita income rises 14.18% to Rs 4,44,768

Finance Minister Kailash Gahlot on Monday tabled the Delhi Economic Survey in the Assembly. According to the survey report, the per capita income of Delhi at current prices reached at the level of Rs 3,89,529 in 2021-22 as compared to Rs 3,31,112 in 2020-21. "The Advance Estimate of Per Capita Income of Delhi at current prices during 2022-23 estimated at Rs 4,44,768 registering a growth of 14.18 per cent over the previous year," it said. Delhi's per capita income has always been around 2.6 times higher when compared to the national average, both at current and constant prices, it noted. "Overall economic activity in Delhi has recovered faster compared to the national level, past the pre-pandemic levels. In the years 2021-22 and 2022-23, a sharp recovery of real GSDP of Delhi with a growth of 9.14 per cent and 9.18 per cent, respectively is based on a low base effect and inherent strengths of the economy," it said. The Delhi government's revenue receipts consist of tax revenue, .

Account aggregator framework set to change dynamics in retail finance scene

The AA framework is creating a huge marketplace - based on customers' consent for sharing data - for all manner of financial vendors

Maharashtra economy to grow by 6.8% in 2022-2023: Economic Survey

The tax and non-tax revenues including central grants for 2022-2023 (BE) are RS 308,113 crore and Rs 95,314 crore respectively

Economic Survey: Maharashtra has over 25.6 mn ration-card holders

Of the total eligible 8.66 lakh ration cards under the Above Poverty Line farmers from the drought-prone 14 districts, the Aadhaar seeding of 99.9 per cent has been done

Maharashtra's economy expected to grow by 6.8% in 2022-23: Economic Survey

Maharashtra's economy is expected to grow by 6.8 per cent in FY 23 as against the projected growth of the Indian economy by 7 per cent, as per the Economic Survey 2022-23 tabled in the state Legislative Assembly on Wednesday. The agriculture and allied activities sector will grow by 10.2 per cent in the state, as per the survey tabled by state finance minister Devendra Fadnavis in the Assembly on the eve of the presentation of the Budget. The industry sector is expected to grow by 6.1 per cent and the services sector by 6.4 per cent, it said. As per the advance estimates, the nominal (at current prices) gross state domestic product (GSDP) for 2022-23 is expected to be Rs 35,27,084 crore and the real (at constant 2011-12 prices) GSDP is expected to be Rs 21,65,558 crore, it stated. The report stated the average share of Maharashtra in the national nominal GDP is highest at 14 per cent. As per the advanced estimates, the per capita state income for 2022-23 is expected at 2,42,247 as

Growth and glory: Might the two Asian cheetahs end up in another dead heat?

Most forecasters had it that India would do significantly better than China in FY24, but the scenario has undergone a change in recent weeks, as China has altered course dramatically, writes T N Ninan

Chhattisgarh GSDP to grow by 8% at constant prices: Economic Survey

The Gross State Domestic Product (GSDP) of Chhattisgarh at constant prices is estimated to grow by 8 per cent and the per capita income is likely to reach Rs 1,33,898 for the fiscal 2022-23, as per the state's Economic Survey Report presented in the Assembly on Friday. The report, which was tabled by state Planning, Economics and Statistics Department minister Amarjeet Bhagat, said Chhattisgarh's GSDP at constant price (base year 2011-12) as per advance estimates is expected to grow at 8 per cent and reach Rs 2,89,08,241 lakh in 2022 -23 as against quick estimates of 2,67,68,086 lakh in FY 2021-22. The biggest contributor to the surge in GSDP has been the service sector with expected growth of 9.21 per cent from Rs 82,94,627 crore (2021-22) to Rs 90,58,266 crore (2022-23), the report said. According to the report, the growth in the agriculture (agriculture, livestock, forestry and fishing) and industrial (mining and quarrying, construction, manufacturing and electricity, gas and wat

Bihar Finance Minister presents state's Economic Survey 2021-22 in Assembly

As the economic survey, the per capita income has increased by Rs 6,400