Page 9 - Latest Updates on Economic Survey
Vaccination drive to help revive contact intensive services sector
With the ongoing vaccination drive, the contact intensive services sectors are expected to witness revival, the Economic Survey
 "Vaccination drive to help revive contact intensive services sector")
Economic Survey tries hard to dispel stigma of overusing fiscal policy
Given the government's cautious fiscal response to the pandemic so far, it seems unlikely that it will drop the ball on consolidation in the upcoming Budget
 "Economic Survey tries hard to dispel stigma of overusing fiscal policy")
Budget for the victims: Some silent crises for Ms Sitharaman to address
A consumption boost through continued pay-outs for another year to those at the bottom of the pyramid, and still more money for the employee guarantee scheme should be in order, writes T N Ninan
Calibrated response to Covid leaves room for more fiscal measures: Survey
Government of India and Reserve Bank of India (RBI) together announced a total stimulus worth Rs 29.87 trillion, which is 15 per cent of national GDP, the Survey said
 "Calibrated response to Covid leaves room for more fiscal measures: Survey")
Sales of affordable homes improving amid recovery in real estate: Survey
The Covid-19 pandemic affected the residential property market during the April-June period last year
 "Sales of affordable homes improving amid recovery in real estate: Survey")
Firms garner Rs 92K cr via public equity issuance in Apr-Dec: Eco Survey
A 46 per cent jump from the preceding financial year, with rights issue remaining the most preferred route for financing business needs
 "Firms garner Rs 92K cr via public equity issuance in Apr-Dec: Eco Survey")
Shift focus from consumer price-based inflation to core inflation: Survey
The economic survey forms a basis for the Union Budget
 "Shift focus from consumer price-based inflation to core inflation: Survey")
To avoid zombie lending, banks need fully empowered boards: Eco Survey
The survey has put the blame of the current banking crisis on the zombie lending following the Global Financial Crisis in 2008
 "To avoid zombie lending, banks need fully empowered boards: Eco Survey")
Eco Survey suggests end to forbearance, another asset quality review round
Severely criticises RBI for not being able to unearth full extent of bad debt mess in banks in previous AQR round
 "Eco Survey suggests end to forbearance, another asset quality review round")
Highways construction to regain high pace of pre-Covid level: Eco Survey
Highways construction will regain fast-pace of the pre-Covid level on the back of multiple initiatives, the survey said
 "Highways construction to regain high pace of pre-Covid level: Eco Survey")
India's coronavirus response saved over 100,000 lives: Eco Survey
The response restricted the Covid-19 spread by 3.7 million cases, the survey said
 "India's coronavirus response saved over 100,000 lives: Eco Survey")
IBC redefines debtor-creditor relationship, says Economic Survey
IBC has ushered in significant behavioural changes, the survey said
 "IBC redefines debtor-creditor relationship, says Economic Survey")
Economic Survey: Case for Budget to bring more sectors under PLI scheme
The govt's PLI scheme can aid job creation, according to the Survey, which has laid out 10 ideas towards achieving and sustaining a higher growth rate
 "Economic Survey: Case for Budget to bring more sectors under PLI scheme")
Economic survey projects India's GDP growth at 11% for fiscal 2022
The survey's projections form the basis for key figures in the budget, due to be delivered on Monday by Finance Minister Nirmala Sitharaman
 "Economic survey projects India's GDP growth at 11% for fiscal 2022")
E-education can reduce inequalities in educational outcomes: Eco Survey
Online schooling has taken off in a big way during the Covid-19 pandemic
 "E-education can reduce inequalities in educational outcomes: Eco Survey")
Litigation turning out to be a big hurdle for IBC: Economic Survey
Cites World Bank's Ease of Doing Business report, which said it takes 1,445 days to resolve a commercial contract in India, versus 589.6 days in OECD high income countries, 120 days in Singapore
 "Litigation turning out to be a big hurdle for IBC: Economic Survey")
Improvement in access to essentials but disparities continue: Eco Survey
Appropriate strategy needs to be designed for the country to achieve SDG goals by 2030, according to the Economic Survey 2020-21
 "Improvement in access to essentials but disparities continue: Eco Survey")
Eco survey suggests change in weighting of food items to gauge inflation
The survey said new sources of price data also need to be incorporated in the wake of increasing retail e-commerce transactions
 "Eco survey suggests change in weighting of food items to gauge inflation")
Investment in infra essential to growth boost, says Economic Survey 2020-21
The Survey emphasised that the year after the crisis will require sustained and calibrated measures to facilitate the process of economic recovery
 "Investment in infra essential to growth boost, says Economic Survey 2020-21")
PLI scheme to make India integral part of global supply chain: Eco Survey
The scheme is expected to create huge employment opportunities, according to the economic survey
 "PLI scheme to make India integral part of global supply chain: Eco Survey")
