Page 26 - Indian Economy

India likely to produce 31.45 mn tonnes of sugar in 2021-22 marketing year

India is likely to produce 31.45 million tonnes of sugar in 2021/22 marketing year, nearly 3.1% more than the previous estimate, as output is set to jump in the key western state of Maharashtra

Economic Survey: 2nd Covid wave impact on GST much more muted than first

The impact of the second wave of Covid-19 on GST collection was much more muted than the impact of the nationwide lockdown during the first wave, The Economic Survey for 2021-22 noted.

Economic Survey: Farm credit over Rs 7.36 trn disbursed in H1 of FY'22

Farm credit worth over Rs 7.36 trn has been disbursed to farmers during the first six months of the 2021-22 fiscal year, according to the Economic Survey.

Economic Survey: India sees 25% growth in steel output during Apr-Oct FY22

India's crude steel production increased 25 per cent year-on-year to 66.91 million tonne during April-October period of 2021-22, according to the Economic Survey.

Economic Survey: Railways target 100% electrification by Dec 2023

The Indian Railways (IR) has set a target of 100 per cent electrification of its network by December 2023, said economic survey 2021-22.

Economic Survey: Covid-19 vaccination critical for opening up of economy

The COVID-19 vaccination should be treated as a macro-economic indicator since it is not merely a health response but is critical for opening up the economy, according to the Economic Survey 2021-22.

Economic Survey: India can withstand policy normalisation by others

With forex reserves of over $630 billion and plenty of "policy room" to deal with the situation, India can withstand normalisation of monetary policy by central banks of large economies

Economic Survey reveals flexibility and resilience to combat uncertainty

Govt's focus on supply-side reforms in post-pandemic period, combined with policies aimed at minimising near-term demand shocks and extending safety nets for the vulnerable has been commendable

India's emerged as a responsible global voice on climate change: Kovind

India has emerged as a responsible global voice on the issue of climate change and its ambitions are a testimony to the country's sensitivity towards nature, President Ram Nath Kovind said on Monday.

President lauds 'Digital India', says Centre working on developing 5G

President Ram Nath Kovind on Monday appreciated the vision of the government for the success of the country's Unified Payments Interface (UPI) platform in the context of Digital India

Budget 2022 may be work of restoration, but challenges for FM no less steep

Touch services like hospitality, leisure, tourism in desperate need of support

Statsguru: How is the Indian economy faring on various parameters

Until December 2021, India had exported $300 billion worth of merchandise

Tax when you want to spend

Raise the tax-GDP ratio to finance rising revenue expenditure

Taking a sneak peek at new CEA V Anantha Nageswaran's thoughts

Here are his commentaries on a few key issues

Banking on the budget with no surprises

The future of deposits will be an issue for banks. This year, quite ironically, banks have been happy with deposits not growing, as there were few avenues to lend, anyway

Deeper correction

Geo-politics & monetary policy have increased market risks

Worsening of debt sustainability indicators may drive fiscal conservatism

A peak level of India's public debt/GDP ratio at 91.7 per cent and worsening of debt sustainability indicators to the 2002 levels may be driving fiscal conservatism, JM Financial said in a report.

Eyes on GDP forecast by pre-budget Economic Survey despite recent misses

The pre-budget Economic Survey, which is tabled in Parliament ahead of the Union Budget to present the state of the economy, quite often misses on the GDP forecast, sometimes by a significant margin.

India will again be among world's fastest-growing economies: Patra

RBI deputy governor says private consumption and investment remains a work in progress

Budget 2022-23: Rural stimulus need of the hour amid Covid-19 pandemic

Consumption, which was impacted during the pandemic, is expected to improve as the rate of vaccinations rises to cover the entirety of the country's eligible population