Economic Survey 2012 13

Union Budget 2013: High crude prices push up subsidy bill

Even as Finance Minister pulls out all the stops to narrow high fiscal deficit, the subsidy bill will overshoot the target of Rs 1.79 lakh crore in this financial year due to higher crude oil prices.

Eco Survey: Overall employment rose by 6.94 lakh

Overall employment in the last one year to June 2012 increased by nearly by 7 lakh led by the IT and BPO sector that accounted for almost half of the increase.

Budget 2013: Govt takes steps to improve interaction with rating agencies

Amid concerns of possible downgrade of India's credit rating, the Economic Survey today said the government is taking steps to improve interactions with rating agencies to ensure that they make "informed decisions".

Clear message from Economic Survey: Budget 2013 will be cautious

The Economic Survey does the usual job: paints the facts as they are, and give us a picture of concerns and challenges. And all the signs in this one are that the budget is likely to be a cautious one.

Eco Survey says infra bottlenecks weakening industrial output

The government's Chief Economic Advisor has suggested that output of core sectors be accelerated and implementation of big ticket projects is speeded up.