Interview with Chief Economic Advisor
Conventional subsidy bill of Rs 2.44 lakh crore, or 1.7 per cent of GDP, in 2015-16
Jan Dhan-Aadhaar-Mobile (JAM) trinity should be expanded
Need to reduce India's high tariffs in trade agreements
The Economic Survey, tabled in the Parliament on Friday, projects India to grow 8% in the next couple of years
The Survey also said that the average borrowings by banks have increased significantly in the immediate aftermath of US fed rate hike, resulting in appreciation of the rupee
The survey also called for 'aligning taxes and duties on domestic and commercial LPG users'
Banks must value their assets, as far as possible, close to the true value, as the Reserve Bank has been emphasising, the Survey said
Moves away from traditional style
Revamped presentation style of the Economic Survey
Says it makes a case for monetary easing and its discussion of the pros and cons of departing from the fiscal consolidation target favours a relaxation
Rich getting undeserved subsidies on account of gold, cooking gas, kerosene, electricity, railway fares, ATF plus the small savings scheme
Weakened global economic outlook, sharp drop in commodity prices and poor corporate earnings have taken a toll on the market performance over the last one year
A quick count of the number of times some of the words and phrases were used by Chief Economic Advisor Arvind Subramanian in Volume 1 of the Economic Survey
The Survey had a series of short notes on economic policy issues
The index gains nearly 1% on positives in Economic Survey
Global headwinds, local disappointments to keep growth at 7-7.5%; Survey suggests exit policy for firms, wants RBI to ease liquidity & cut rates; Favours medium-term fiscal framework review, moderate fiscal adjustment
If the recommendation is accepted, it would release more than Rs 5 lakh crore from RBI reserves
The Survey said this will be a more effective method of financial inclusion than replacing fertiliser subsidy with cash
Country had a transition from 'socialism with a limited entry to marketism without exit'