Page 20 - Budget 2022 News

Economic Survey revealed Modi govt's 'gross mismanagement' of economy: Cong

The 2022 Economic Survey has revealed the intrinsic weakness of the economy and the Narendra Modi government's "gross mismanagement" on this front, the Congress said

Economic Survey showcases development using satellite, geo-spatial images

The Economic Survey has used a mix of satellite imagery, geospatial data and cartographic techniques to showcase the country's development and urbanisation over the years

Eco Survey: Share of start-ups in patent applications rise over 5x in 5 yrs

In 2019-20, the share of start-ups in total patents filed was 3.3%; share in total patents granted was 0.51%

Economic Survey: Road network increased substantially in current FY

The road network in the country has increased substantially in the current fiscal compared to previous years, the Economic Survey 2021-22 said.

Abatement of Covid to kick in virtuous investment cycle, generate jobs: CEA

V Anantha Nageswaran said the construction sector is beginning to revive and that's one of the highest employers in the country

Eco Survey: Employment indicators show revival after first phase of Covid

The Economic Survey said that because of the pandemic and the nationwide lockdowns the unemployment rate for the urban sector rose to 20.8 per cent in the country in the first quarter of 2020-21

Eco Survey: Railways' freight service increased, passenger revenue dipped

The Railways has also given priority to passenger safety; the number of consequential train accidents came down from 59 in 2018-19 to 55 in 2019-20 (pre-Covid) and further to 22 in in 2020-21

Economic Survey: Renewable energy account for 10% of electricity generation

The share of renewable energy in installed capacity is 22%

Economic Survey: Housing prices hiked in some cities even during Covid wave

While house transactions mostly declined during the Covid-19 shocks, their prices did not fall in most of the selected cities, some even increased, as per Economic Survey 2021-22.

Budget 2022 LIVE: Govt to take balanced view on cryptocurrency, says Sanyal

The issue of cryptocurrency has not been covered in the Economic Survey 2021-22, Principal Economic Adviser said in an interaction with media

Eco Survey: Formalisation of economy increased corporate tax collection

The corporate income tax registered a growth of 90.4 per cent over April-November 2020 and 22.5 per cent over April-November 2019

Economic Survey: Food subsidies grew by 400% to Rs 5.25 trn

The steep rise in food subsidy bill was on account of Pradhan Mantri Garib Kalyan Ann Yojana introduced as part of the Economic Response to Covid-19

Economic Survey propagates policy agility amid pandemic-induced uncertainty

Highlights govt's 'Barbell Strategy' to offer a bouquet of safety-nets to cushion impact on vulnerable sections/business, with a flexible response that uses feedback-loops with real-time adjustments

Economic Survey: Trajectory of tourism remains uncertain due to Omicron

The trajectory of the tourism sector, especially international tourism, remains uncertain due to the spread of the Omicron variant of COVID-19, according to Economic Survey 2021-22.

Economic Survey: Climate finance, resource mgt key to Climate adaptability

While it lauded commitments made by India at COP26 global climate conference, it also made a note about the pace of investment in net-zero emission planning

Economic Survey: Carmakers saddled with backlog of over 700,000 orders

Carmakers are saddled with a backlog of over 7 lakh orders as of December 2021, due to the the shortage of semiconductors, according to the Economic Survey.

Economy Survey: Resilient agriculture sector growth at 3.9% in 2021-22

Agriculture and the allied sector proved to be the most resilient to the Covid-19 shock as it registered a growth of 3.6 per cent in 2020-21 and improved to 3.9 per cent in 2021-22

Top headlines: Eco Survey sees 8%-8.5% FY23 GDP growth; NINL sale cleared

Business Standard brings you the top headlines on Monday

Economic Survey: Fertiliser subsidy touches Rs 85,300 cr in Apr-Dec FY22

Out of the total fertiliser production, urea output was at 18.7 million tonne, Di Ammonium Phosphate (DAP) at 3 million tonne and complex fertilisers at 6.8 million tonne

Economic Survey: Significant acceleration in formalisation of the job mkt

An analysis of the latest EPFO data suggests a significant acceleration in formalisation of the job market, driven by both new formal jobs and formalisation of existing jobs