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Tag: Economic Survey

Economic Survey
FM Sitharaman Tables Economic Survey 2020-21 In Lok Sabha

New Delhi: Finance Minister Nirmala Sitharaman on Friday presented the Economic Survey that details the state of the economy ahead of the government’s Budget for fiscal year beginning April 1, 2021. The Economic Survey 2020-21, authored by a team led by Chief Economic Adviser Krishnamurthy Venkata Subramanian, details the state of different sectors of the […]

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FY21 May Pick-Up To 6-6.5%, Need To Relax Fiscal Target: Economic Survey

New Delhi: India’s economic growth is expected to “strongly rebound” to 6-6.5 per cent in 2020-21 from 5 per cent estimated in the current fiscal, the Economic Survey said on Friday, adding that the government with a strong mandate has the capacity to expedite reforms. The Economic Survey 2019-20 tabled in Parliament said there are […]

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India must grow at 8% to be $5 tn economy, investment key: CEA

New Delhi: Chief Economic Advisor Krishnamurthy V. Subramanian on Thursday asserted that the Indian economy must grow at a 8 per cent rate over the next five years to achieve Prime Minister Narendra Modi’s vision of the country becoming a $5 trillion dollar economy, for which the Economic Survey 2018-19 stresses on investment as the […]

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Odisha languishes at bottom in Swachh Bharat: Eco-Survey

Bhubaneswar: In the country’s swachh drive, Odisha failed to do a neat job. The State finished second from bottom in the country in the indicator of access to sanitation. Consequently, Odisha was ranked as the 2nd in high open defecation. Such home-truths about State’s ‘untidy’ strides were to fore in the Economic Survey – 2018-19 […]

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Need to double down on reducing policy uncertainty: Economic Survey

New Delhi: Noting that policy uncertainty in India had declined over the last few years, the Economic Survey 2018-19 has called for predictable actions from policy-makers and use of labels such as “Standstill” versus “Ratchet up” to categorize various policies, among other steps, to ensure a stable investment climate. It said that reducing economic policy […]

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PM Modi says Economic Survey outlines vision for $5 tn economy

New Delhi: Praising the Economic Survey 2018-19 presented in Parliament on Thursday, Prime Minister Narendra Modi has said that the survey outlines a vision to make India a $5 trillion economy. “The #EconomicSurvey2019 outlines a vision to achieve a $5 Trillion economy,” the Prime Minister said in a tweet. He also said that the survey […]

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Inflation turned from volatile to stable in 5 years: Economic Survey

New Delhi: The Economic Survey 2018-19 said that India’s inflation scenario transitioned from its high and volatile levels to a low and stable condition in the last five years. “The economy witnessed a gradual transition from a period of high and variable inflation to more stable and low level of inflation in the last five […]

Economic-Survay
Appropriate policy measures needed to lower ownership costs of EVs: Economic Survey

New Delhi:  To promote electric vehicles (EVs) in India, the country’s Economic Survey 2018-19 has recommended the government to frame appropriate policy measures to lower their overall lifetime ownership cost. According to the survey, EVs hold enormous potential not only “because it is environment friendly but also because India can emerge as a hub of […]

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Economic Survey bats for flexible labour laws to create jobs

New Delhi: The Economic Survey of India for the year 2018-19 tabled in Parliament on Thursday has suggested deregulation of labour laws to create more jobs in the country. The survey report was tabled in Parliament ahead of the Union Budget that is scheduled to be presented by Finance Minister Nirmala Sitharaman on July 5. […]

Economic Survey pegs economic growth at 7 pc for FY20

New Delhi: The government Thursday pegged the growth rate for the current fiscal at 7 per cent, marginally up from the five-year low of 6.8 per cent recorded in the previous fiscal. According to the Economic Survey for 2018-19, tabled by Finance Minister Nirmala Sitharaman in the Rajya Sabha, “real GDP growth for the year […]