Making a case for Ease of Doing Business 2.0, the Survey said states need to remove prohibitions on women working in factory processes
Among precious metals, gold prices are expected to decrease, while silver prices are forecast to rise
To deal with the challenges, the Survey suggested that India needs to remain competitive and enhance its participation in global supply chains
It mentioned that electric mobility makes economic sense in a country like India, which imports most of its oil and has abundant renewable energy and coal, but there are challenges
Both govt, pvt companies should introduce AI over optimised period to minimise job loss
It discussed the medium- to long-term challenges in detail, which should guide policymaking
The first thing that stands out from the Survey is its realism when it comes to growth expectations
It also noted that the impulse from rural demand is expected to continue in the second half of the financial year
May be tasked with providing an impartial, objective assessment of regulatory processes and outcomes
Many investors that entered the market post-pandemic have never witnessed a significant and prolonged market correction, the Economic Survey 2025 said
The Survey, while underplaying the short-term outlook, takes a wider and long-term perspective on growth and presents a reform agenda in order to achieve the 2047 goal
The Swachh Bharat Mission signifies a fundamental transformation in India's pursuit of universal sanitation access and has revolutionised the hygiene practices of a substantial portion of the population, the Economic Survey said on Friday. The latest Economic Survey tabled in Parliament on Friday underscored significant strides in water management and rural sanitation, with a focus on community participation, technological interventions, and sustainable practices. The Swachh Bharat Mission-Grameen Phase II, operational from 2020-21 to 2024-25, transitioned villages from Open Defecation Free (ODF) to ODF Plus status, it said. As of November, 3.64 lakh villages have achieved ODF Plus status, ensuring solid and liquid waste management and maintaining cleanliness standards. "The Swachh Bharat Mission, launched in 2014, signifies a fundamental transformation in India's pursuit of universal sanitation access and has revolutionised the hygiene practices of a substantial portion of the Ind
Quoting the Chinese proverb, "May we live in interesting times!" the Survey noted that it is especially relevant in today's turbulent world
Global roles within Global Capability Centres (GCCs) established in India are expected to grow over four-fold to 30,000 by 2030, the Economic Survey 2024-25 said on Friday. According to experts, the view of the companies across the globe for India is changing from being a low-cost destination to centre for innovation and highly skilled talents that is leading to more global roles coming to the country. The survey said India has established itself as a prominent player in leveraging its vast talent pool, which accounts for 28 per cent of the global (science, technology, engineering, mathematics) STEM workforce and 23 per cent of the global software engineering talent. "Over the past decade, the GCC ecosystem in India has matured significantly, advancing into high-end engineering roles such as product managers and architects, with 35 per cent of transformation hubs exhibiting a strong presence of architects. "Furthermore, global roles within GCCs are expanding rapidly, expected to gr
Corporate profits grew 22.3% in FY24 and employment 1.5%, it says
Finance Minister Nirmala Sitharaman tabled the Economic Survey 2025 in Parliament today. The survey projects India’s GDP growth for FY26 at 6.3-6.8%, amid global uncertainty.
Chinese manufacturing prowess and its dominance in the strategic sector will have a bearing on India's growth projection in the medium term and its march to become a developed nation by 2047, the Economic Survey said on Friday. The Survey has said India needs to grow at 8 per cent for about two decades to become a developed nation by 2047, but it will have to face challenges from global developments and reliance on Chinese imports. "While the desirability of this growth rate is unquestionable, it's important to recognise that the global environment political and economic will influence India's growth outcomes," the Economic Survey 2024-25 said. The survey said fundamental shifts in global economic engagement are underway with the proliferation of trade and investment restrictions. Between 2020 and 2024, over 24,000 new restrictions related to trade and investments have gone into place globally. The survey made a case for "acknowledging the elephant (and the dragon) in the room th
The Indian rupee depreciated a modest 2.9 per cent in the first nine months of the current fiscal, performing better than other currencies like the Canadian Dollar, South Korean Won and the Brazilian Real, according to the Economic Survey tabled in Parliament on Friday. The value of the Indian Rupee (INR) is market-determined, with no target or specific level or band. Various domestic and global factors influence the exchange rate of the INR, such as the movement of the Dollar Index, trends in capital flows, level of interest rates, movement in crude prices, and current account deficit. "In the first nine months of FY25 (up to 6 January 2025), the INR depreciated a modest 2.9 per cent, performing better than currencies such as the Canadian Dollar, South Korean Won and the Brazilian Real, which depreciated by 5.4 per cent, 8.2 per cent and 17.4 per cent, respectively, during the same period," it said. One of the primary factors behind the rupee depreciation during 2024 has been the .
Former Finance Minister P Chidambaram has called the Economic Survey 2025 a 'powerful indictment' of the Modi government's economic policies, citing key observations by the Chief Economic Advisor
Religious tourism accounts for over 60 per cent of domestic travel in India, according to a report by KPMG