Page 19 - Budget 2022 News

Economic Survey: Delhi dethrones Bengaluru as India's start-up capital

India has 83 unicorns with a total valuation of $277.77 billion, the Survey of 2021-22 says

Economic Survey 2021-22: Vaccination critical for opening up economy

Vaccination should be treated as a macroeconomic indicator since it is not just a health response but is critical for opening up the economy, the Economic Survey 2021-22 said.

Economic Survey provides a lot of cheer on the state of the economy

It cautions on areas of concern, which if known beforehand, are easier to tackle as they don't come as shocks. So it is a good precursor to the Union Budget

Economic Survey questions MGNREGS demand spike, reverse migration

Says price rise in perishable food items due to production seasonality

Economic Survey: Trend of PSU investment in roads and railways to continue

Demand for steel to get a boost with higher roads, rail spend

Economic Survey: Policy-makers saw Covid disruption as supply side problem

Survey says incorrect to view pandemic-led disruption as merely a demand shock, defends supply side measures put in action by govt as a policy response to the pandemic.

Economic Survey: Services sector resilient, to grow by 8.2% in FY22

Omicron could prove a hurdle, may particularly impact contact intensive segments, says Survey

Economic Survey estimates conservative, says CEA V Anantha Nageswaran

V Anantha Nageswaran said that the financial year 2022-23 (FY23) growth projections in the Economic Survey of 2021-22 are conservative compared to other agencies

Economic Survey: UPI is single largest retail payment system in the country

UPI ended calendar 2021 with record high transactions by both volume and value. According to NPCI data, it recorded 4.56 billion transactions worth Rs 8.27 trillion in December

Economic Survey: Banks took Covid shock well but some impact is yet to come

According to the survey, the banking system is well capitalised and the overhang of NPAs seem to have structurally declined even allowing for some lagged impact of the pandemic

Economic Survey 2021-22: Only 51% deposits insured despite hike in cover

However, the figure is higher than the international benchmark of 20-30%

Economic Survey 2021-22: Govt's debt serviceability profile is stable

The higher average maturity lowers the rollover risk, the Survey noted

Elections keep happening but Budget session has to be fruitful: PM Modi

Prime Minister Narendra Modi on Monday said elections keep happening but Parliament's Budget session is very important and urged all MPs to make it fruitful.

Economic Survey: Priority to poor, marginalised, says President Kovind

Says the Centre's policies are 'collective vision of 1.3 billion people'

Budget hope lifts indices; Sensex rises 814 pts, Nifty ends above 17,300

Favourable global cues, too, help benchmarks gain 1.4%; overseas investors remain sellers

Look beyond the short term

There have been few efforts to reform India's education sector seriously over the decades

Govts can't create jobs

The less they focus on employment creation, the better it may be for the economy

India VIX soars 6% to 21.95 a day ahead of Union Budget

The India VIX index - a gauge for market volatility - soared 6 per cent to 21.95 a day before the Union Budget

No self-congratulation

Economic Survey wrestles with growth impact of pandemic

Economic Survey 2021-22: Hindi Belt gets brighter in a decade

Night light data shows more electrification in northern and middle parts of the country