Interview with Chief Economic Advisor, Arvind Subramanian
RBI have fourth largest equity as a per cent of central bank balance sheet in the world
How bad bank will be capitalised, ask experts
The principles of "Universality, Unconditionality and Agency" underlie UBI
Twin balance sheet: Firms unable to service loans saw earnings fall, piling stress on banks' books
The Survey gave an eye-opening analysis of internal migration and internal trade, says
Survey calls note ban a reverse helicopter drop, whose impact will be clear over a one-year horizon
Survey adds, states haven't tried to keep rates low & simple and revenue collection remains key a challenge
The Survey had a series of short notes on economic policy issues. A few of them are excerpted below:
Peninsular states to hit their crest earlier than northern ones
Survey adds, India could use low-skill sectors to boost export
Cautions against fiscal activism; FRBM Act important, but needs some modifications
Jewellery sector will be most disappointed if no relief comes from the Budget, especially after note ban
Economic Survey recommends re-imposition of conditions on transfer of funds from Centre to states
The government has taken a number of steps to facilitate digital economy
It adds, Bengaluru and Jaipur are collecting no more than 5 to 20% of the potential
If the Budget is in sync with the Survey, we could see fiscal deficit at 3% of GDP by March 2018
The Survey is more categorical as far as the options the government has with regard to fiscal consolidation
Economic Survey outlines barriers to restoring high growth
Focus is on Universal Basic Income; even if it can't be implemented now, it can certainly be debated