The Survey advocated creating a real-time data base of rural distress, using the MGNREGS job demand data
This is an important insight into price situation in the economy, especially when inflation in health and education was more than the average general CPI
Economic Survey indicates an increase in spending by households on these, compared to necessities
The data from the NSO shows the share of food and beverages has reduced from 33.2 per cent of private consumption in 2011-12 to 30 per cent in 2017-18 - a reduction of over three percentage points
It warned that if the impact of the stress in the NBFC sector spilled over this year, it might lead to lower credit offtake from NBFCs
This savings behaviour also gives a key degree of freedom to policymakers as the savers and the borrowers can be disentangled
It also suggested a re-look at capital gains tax, levied on profits from the sale of shares in unlisted companies
The government would be able to improve targeting in welfare schemes and subsidies by reducing errors, the Survey said
The investment cycle can be kick-started by public spending, which can crowd-in private spending
The Survey establishes the primary role of savings in driving growth and calls for pushing up savings rates in order to enable an investment cycle funded from domestic resources
The Survey explicitly addresses the issue of a high investment rate substituting labour
Supports Code on Wages Bill, approved by Cabinet on Wednesday, to rationalise minimum wages; calls present system complex, with 1,915 wages for various job categories across states
The critical external debt indicators reflect that India's external debt is not unsustainable
A key reason for waning private sector interest in the sector could be excessive regulations and control in the sector
While large firms create permanent jobs in large numbers, according to the survey, young firms create more jobs at an increasing rate than older firms
After falling for close to a decade since 2008, India's investment had turned the corner since the first quarter of 2017-18
The Survey stated that while India had secularly decreased domestic economic policy uncertainty since 2012 and had been exceptional in reducing this uncertainty since 2015
Economic Survey says India must 'shift gears', get into 'virtuous cycle driven by investment'.
Economic Survey explained how the cost of per gigabyte of storage has dropped from Rs 61,050 in 1981 to less than Rs 3.48 today
Former CEA Arvind Subramanian in his research paper last month mentioned that India's growth rate between 2011-12 and 2016-17 was overestimated