Page 7 - Latest Updates on Economic Survey
Roads, health care consistent priority for govt: Economic Survey
Private participation remains low, the Survey shows
 "Roads, health care consistent priority for govt: Economic Survey")
A call to print more money: Economic Survey sees a 'V-shaped recovery'
Forget fiscal conservatism, turn on the fiscal taps, and ignore debt build-up, says Survey
 "A call to print more money: Economic Survey sees a 'V-shaped recovery'")
Budget to be seen as part of mini budgets of 2020, says PM Narendra Modi
Sitharaman is scheduled to present the Budget in the Lok Sabha on Monday
 "Budget to be seen as part of mini budgets of 2020, says PM Narendra Modi")
Economic survey 2020-21: Forget rating agencies, spend without fear
Government spending becomes imperative at the time of excessive risk aversion in the private sector
 "Economic survey 2020-21: Forget rating agencies, spend without fear")
Tight regulation vs discretion: Economic Survey pitches for transparency
"The reality of incomplete contracts leads to inevitability of incomplete regulation. This makes some discretion unavoidable," says the Survey
 "Tight regulation vs discretion: Economic Survey pitches for transparency")
Economic Survey defends lockdown strategy to fight Covid-19 pandemic
To implement its strategy, India imposed the most stringent lockdown at the very onset of the pandemic
 "Economic Survey defends lockdown strategy to fight Covid-19 pandemic")
Highest since independence: Economic Survey pegs GDP growth at 11% in FY22
This translates into real GDP growing only 2.4% over the absolute level of 2019-20
 "Highest since independence: Economic Survey pegs GDP growth at 11% in FY22")
Economic Survey's optimism about India's public debt looks misplaced
India will not face the problem of debt sustainability even in the worst of scenarios till 2030, the Survey observed.
 "Economic Survey's optimism about India's public debt looks misplaced")
A missed opportunity: Eco Survey fails to address the problem of employment
The Survey concludes that the lockdown was a critical instrument in flattening the curve and saving lives
 "A missed opportunity: Eco Survey fails to address the problem of employment")
RBI must use reserves for domestic investment, says Economic Survey
The reserves have risen as imports contracted and the country turned surplus.
 "RBI must use reserves for domestic investment, says Economic Survey")
Sowing trust: Agri reforms a remedy, not a malady, says Economic Survey
On food management, the Survey advocated increasing the central issue price (CIP) of grains sold through the ration shops to tame burgeoning food subsidy burden.
 "Sowing trust: Agri reforms a remedy, not a malady, says Economic Survey")
No 'jugaad': Businesses must raise R&D spend, says Economic Survey
India's gross expenditure on R&D is 0.65% of GDP, significantly lower than top 10 economies' spend of 1.5-3%
 "No 'jugaad': Businesses must raise R&D spend, says Economic Survey")
Increasing health spend to 3% can halve out-of-pocket expenses: Eco Survey
The survey said the focus must be on building the health care system generally rather than a specific focus on communicable diseases
 "Increasing health spend to 3% can halve out-of-pocket expenses: Eco Survey")
Bare necessities: Economic Survey takes a leaf out of 'Jungle Book'
Kerala, Punjab, Haryana, and Gujarat have highest access to basic amenities
 "Bare necessities: Economic Survey takes a leaf out of 'Jungle Book'")
Economic survey 2020-21: Promise of a counter cyclical fiscal stance
While this will mean material deviation from the FRBM road map, we feel that a decisive and credible stance on near-term fiscal deficit and FRBM targets is the need of the hour
Output of eight core industries contracts 1.3% in December 2020
During April-December 2020-21, the sectors' output declined by 10.1 per cent against a growth rate of 0.6 per cent in the same period of the previous year
 "Output of eight core industries contracts 1.3% in December 2020")
India's fiscal deficit soars to Rs 11.6 trillion at December end
According to the data released by the Controller General of Accounts (CGA), the fiscal deficit at the end of December in the previous fiscal year was 132.4 per cent of the BE of 2019-20
 "India's fiscal deficit soars to Rs 11.6 trillion at December end")
Startup ecosystem can become India's growth engine in long run: Eco Survey
Indian startup ecosystem, which defied odds during a pandemic-hit year to create record 12 unicorns, has the potential to be the engine of growth in the medium to long run, the Economic Survey said
 "Startup ecosystem can become India's growth engine in long run: Eco Survey")
New farm laws will have multiple benefits for farmers: CEA Subramanian
Amid the ongoing controversy over the three new farm laws, Chief Economic Adviser K V Subramanian on Friday said legislations will have multiple benefits for the farmers.
 "New farm laws will have multiple benefits for farmers: CEA Subramanian")
Rising Bangladesh exports hold lessons for India: Economic Survey
The Economic Survey 2021 on Friday suggested that India can take some "lessons" from Bangladesh, a strong exporting nation, and focus on specialising in products in which it is competitive.
 "Rising Bangladesh exports hold lessons for India: Economic Survey")
