Economic Survey 2017 18

Economic Survey 2017 18 News

Ad hoc judicial appointments affecting economy even as India's high courts lack 37% of required judges
India

Ad hoc judicial appointments affecting economy even as India's high courts lack 37% of required judges

High courts nationwide are 37 percent short of judges, and ad hoc appointments–not posting judges to courts that need them most–are worsening delays and affecting India’s economy, according to our analysis of data released by the department of justice.

Banks will decide if to lower interest rates, says Finance Minister Arun Jaitley
Business

Banks will decide if to lower interest rates, says Finance Minister Arun Jaitley

The government's annual report on the economy tabled in Parliament before the Budget forecast a GDP growth of 6.75 in the current fiscal, to be followed by 7 to 7.5 percent in 2018-19.

Economic Survey 2017-18 emphasises on women empowerment, highlights need to disaggregate data by gender
India

Economic Survey 2017-18 emphasises on women empowerment, highlights need to disaggregate data by gender

Economic Survey indicates need to look at development through gender-disaggregated data so that there is critical understanding of women's status in India.

Economic Survey 2018: Make in India 2.0 to focus on 10 champion sectors to spur manufacturing, job creation
Business

Economic Survey 2018: Make in India 2.0 to focus on 10 champion sectors to spur manufacturing, job creation

Make in India programme was launched on 25 September, 2014 with an aim to make India a global hub for manufacturing

Economic Survey 2018 reveals low tax collections at panchayat level are challenge to fiscal federalism
Business

Economic Survey 2018 reveals low tax collections at panchayat level are challenge to fiscal federalism

Economic Survey says panchayats received 95 percent of their revenues from devolved funds from centre/state, while generating only 5 percent from own resources

Experts on Economic Survey 2018: GDP may bounce back to 7-7.5% next year, but there are hurdles on the way
Business

Experts on Economic Survey 2018: GDP may bounce back to 7-7.5% next year, but there are hurdles on the way

The annual survey was released ahead of the government’s annual Budget statement, due to be presented by Finance Minister Arun Jaitley on Thursday.

Economic Survey 2018: It is confirmed; this bull market has seen lower number of bakras
Business

Economic Survey 2018: It is confirmed; this bull market has seen lower number of bakras

The good thing is that during this bull run, the proportion of bakras given the increased size of the Indian economy, has been lower than was the case in 2007-2008.

Economic Survey 2018: Did CEA Subramanian just signal that govt will miss fiscal roadmap?
Business

Economic Survey 2018: Did CEA Subramanian just signal that govt will miss fiscal roadmap?

What may perhaps disturb even those who felt a slight slippage this year is warranted is the Survey’s prognosis for the next fiscal – the return to the fiscal straight and narrow may not happen.

President Ram Nath Kovind's address to Parliament indicates government sees agrarian crisis as major challenge
Politics

President Ram Nath Kovind's address to Parliament indicates government sees agrarian crisis as major challenge

If Gujarat Assembly election results were an indication, and if one reads the fine print of President Ramnath Kovind’s address to the Parliamentarians ahead of the Budget Session on Monday, then the agriculture sector seems to be emerging as one of the biggest challenges for the Narendra Modi government and the BJP.

RBI may hold repo rate in Feb as growth picks up, inflation on upward move, says Arvind Subramanian
Business

RBI may hold repo rate in Feb as growth picks up, inflation on upward move, says Arvind Subramanian

Retail inflation, based on Consumer Price Index (CPI) was 4.88 percent in November and in December 2015 it was 3.41 percent

Economic Survey 2017-18 wants govt to complete Air India sale by next fiscal
Business

Economic Survey 2017-18 wants govt to complete Air India sale by next fiscal

The Economic Survey on Monday suggested that the government should complete Air India disinvestment within the next financial year

Rising NPAs cut banks' lending to real estate sector to 17% in 2016 from 68% in 2013: Economic Survey
Business

Rising NPAs cut banks' lending to real estate sector to 17% in 2016 from 68% in 2013: Economic Survey

Economic Survey says PE funds and financial institutions such as pension funds and sovereign wealth funds have replaced banks as largest source of real estate sector

Corporate India cheers Economic Survey 2017-18, calls for focus on human capital, agriculture
Business

Corporate India cheers Economic Survey 2017-18, calls for focus on human capital, agriculture

India Inc on Monday pitched for focus on rapidly improving human capital and agricultural productivity to sustain the economic growth trajectory, while cheering the GDP growth projection of 7-7.5 percent in 2018-19 laid out by the Economic Survey

Economic Survey mentions Sunny Deol's famous dialogue from 'Damini' to highlight ease of doing business hurdles
Business

Economic Survey mentions Sunny Deol's famous dialogue from 'Damini' to highlight ease of doing business hurdles

Economic Services next frontier on ease of doing business is addressing pendency, delays and backlogs in the appellate and judicial arenas

Realty, construction to generate 15 million jobs by 2022: Economic Survey 2017-18
Business

Realty, construction to generate 15 million jobs by 2022: Economic Survey 2017-18

The real estate and construction sector will create over 15 million jobs over the next five years despite signs of stress in the segment in the last few quarters, the Economic Survey said

50% increase in indirect taxpayer base post GST: Economic Survey 2017-18
Business

50% increase in indirect taxpayer base post GST: Economic Survey 2017-18

The Goods and Services Tax (GST) implementation has increased indirect taxpayer base by more than 50 percent with 34 lakh businesses coming into the tax net, the Economic Survey said on Monday.

Household savings coming into bank deposits, life insurance funds and shares increased manifold: Economic Survey
Business

Household savings coming into bank deposits, life insurance funds and shares increased manifold: Economic Survey

Economic Survey says mutual funds witnessed an inflow of over Rs 2.53 lakh crore savings in April-October period of current fiscal

Economic Survey 2017-18 says climate change may cut farm income by 20-25%
Business

Economic Survey 2017-18 says climate change may cut farm income by 20-25%

Climate change could adversely affect farmers income by up to 20-25 percent in the medium term, the Economic Survey warned and suggested the need for "dramatic" improvement in irrigation, use of new technologies and better targeting of power and fertiliser subsidies

Economic Survey 2017-18 says cut pendency in litigation to improve business rating
Business

Economic Survey 2017-18 says cut pendency in litigation to improve business rating

Calling for coordinated action between government and judiciary to reduce pendency of commercial litigation, the Economic Survey on Monday said the initiative would help in improving ease of doing business (EODB) and boost economic activities

Economic Survey says India needs $ 4.5 trn to build infrastructure by 2040; can garner $3.9 trn funds itself
Business

Economic Survey says India needs $ 4.5 trn to build infrastructure by 2040; can garner $3.9 trn funds itself

Economic Survey attributes collapse of Public Private Partnership as reason for massive underinvestment in the infrastructure sector