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Tag: Economic Survey 2018 19

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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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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 […]

eco-survey
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 […]

Eonomic-survay
Attracting private investment in industry a challenge, says Economic Survey

New Delhi: The Indian industry and infrastructure sector’s real challenge is to bring in adequate private investment in collaboration with the public sector, said the Economic Survey 2018-19. “The real challenge lies in bringing adequate private investment across the country with the collaboration of public sector. Along with physical infrastructure; provision of social infrastructure is […]

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Per Capita Income reality check: Odisha poor 6th at constant prices, 4th lowest at current prices in 17-18

Bhubaneswar: In presenting a rosy picture of the State’s economy during the last fiscal, the Economic Survey 2018-19 had claimed that the State has moved up the ladder in the per capita income from bottom(25th) in 1996-97 to 16th in 2016-17. And the Survey went on to add that Odisha’s stride is better than Chhattisgarh, […]