Page 21 - Latest Updates on Economic Survey
Economic Survey projects decline in industrial sector output during FY17
First advance estimates from CSO put industrial sector growth at 5.2% in FY17 against 7.4% in FY16
 "Economic Survey projects decline in industrial sector output during FY17")
FPI outflow not India-specific phenomenon: Economic Survey
Overseas investors turned negative on Indian markets in 2016 and pulled out Rs 23,079 cr
 "FPI outflow not India-specific phenomenon: Economic Survey")
Nifty ends below 8,600 as Economic Survey lowers FY17 growth forecast
Steep fall in IT also contributed to the losses after Trump introduced H1B Visa bill in US Congress
 "Nifty ends below 8,600 as Economic Survey lowers FY17 growth forecast")
Retail inflation to be below 5% in FY17: Economic Survey
Wholesale price-based inflation averaged around 2.9% during the April-Dec period
 "Retail inflation to be below 5% in FY17: Economic Survey")
India's growth to 'return to normal' after cash crunch, says Eco Survey
After govt decision in Nov, 2016 to scrap most cash in circulation in a strike against 'black money'
 "India's growth to 'return to normal' after cash crunch, says Eco Survey")
Massive debt write-offs required to rescue large corporates: Eco Survey
Economic Survey 2016-17 says even after eight years the bad debt problem remains unresolved
 "Massive debt write-offs required to rescue large corporates: Eco Survey")
Economic Survey: Themes chosen this year are along expected lines
Focus is on Universal Basic Income; even if it can't be implemented now, it can certainly be debated
Economic Survey 2017 explained in 12 points
Here are the highlights of the Economic Survey 2017
 "Economic Survey 2017 explained in 12 points")
Markets trim some losses as FM tables Economic Survey
IT stocks declined as Trump govt introduced H1B visa bill in House of Representatives
 "Markets trim some losses as FM tables Economic Survey")
Incentivising states key to overall fiscal performance: Economic Survey
Centre should take the lead in sound fiscal management suggests Economic Survey
 "Incentivising states key to overall fiscal performance: Economic Survey")
Time has come to discuss Universal Basic Income, says Economic Survey
Growth to be 6.75-7.5% in FY18 and 6.5-6.75 in FY17; remonetisation to be complete by April
 "Time has come to discuss Universal Basic Income, says Economic Survey")
Labour migration increasing at an accelerating rate, says Economic Survey
Also, migration for work and education is accelerating in the country, says Survey
 "Labour migration increasing at an accelerating rate, says Economic Survey")
Economic Survey: GST will create a common market & improve tax compliance
It is a bold new experiment in governance of India's cooperative federalism, said the report
 "Economic Survey: GST will create a common market & improve tax compliance")
GDP to be lower at 6.5% in FY17; rebound next fiscal: Survey
Survey's GDP growth figure for FY17 is lower than 7.1% the Central Statistics Office had forecast
Economic Survey projects FY18 GDP growth at 6.75-7.5% post demonetisation
FY17 GDP growth reduced by 25-50 basis points due to note ban
 "Economic Survey projects FY18 GDP growth at 6.75-7.5% post demonetisation")
Economic Survey: UBI scheme an alternative to state subsidies for the poor
JAM and Centre-state cost sharing prerequisite for a successful Universal Basic Income
 "Economic Survey: UBI scheme an alternative to state subsidies for the poor")
Market at day's low ahead of Economic Survey; IT stocks extend decline
In the broader market, BSE Midcap and BSE Smallcap indices slipped 0.3% each
 "Market at day's low ahead of Economic Survey; IT stocks extend decline")
Challenges to overcome
Economic Survey lists headwinds Budget will face
Economic Survey: Rich getting richer faster
The richest one per cent of India's population accounted for nine per cent of personal income in 1998 and their share rose to 12.6 per cent by 2012
 "Economic Survey: Rich getting richer faster")
Remove Rs 1 lakh cr subsidies enjoyed by the well-off: Economic Survey
Rich getting undeserved subsidies on account of gold, cooking gas, kerosene, electricity, railway fares, ATF plus the small savings scheme
 "Remove Rs 1 lakh cr subsidies enjoyed by the well-off: Economic Survey")
