Page 45 - Economic Survey

India needs to push up tax-GDP ratio: Economic Survey

The survey also noted that the country needs to spend more on health and education

Subsidy bill expected to be below 2% of GDP: Economic Survey

The Economic Survey further states that the fertilizer subsidies are very costly, accounting for about 0.8% of GDP. They encourage urea overuse, which damages the soil, undermining rural incomes, agricultural productivity, and thereby economic growth

Economic Survey: Stresses upon creation of more 'good jobs'

The survey noted that there has been an increase in use of contract labour.

Economic Survey: India needs debate on GM crops, hybrids to facilitate introduction

The Survey which many experts are considering as an precursor to the 2016-17 Union Budget to be tabled in next week also said that due to consecutive years of drought in the country the farm sector needs a transformation to ensure sustainable livelihoods for the farmers and food security for the population

Containing fiscal deficit a challenge next fiscal: Economic Survey

As per the Survey, the economy is expected to see a growth of 7%-7.75% in 2016-17 while the government estimates GDP to expand by 7.6% in the current fiscal