Economic Survey 2018 19

Economic Survey 2018-19: Vision for electric mobility encouraging for EV makers, says industry body

The vision for electric mobility highlighted in Economic Survey is encouraging for electric vehicle (EV) makers and will clear doubts amongst fence sitters and motivate them to come up with new energy products, according to industry players

Economic Survey 2019 says airports, monuments, trains, roads could be named after highest taxpayers over decade

To improve tax compliance, the Economic Survey 2018-19 on Thursday suggested that the government could consider giving top-10 taxpayers in each district recognition by way of "diplomatic"-type privileges at the immigration counter, express boarding at airports, and even naming of roads, buildings and schools

India must spend $200 bn on infrastructure annually; harnessing private investment a challenge, reveals Economic Survey

India needs to almost double its annual spending on infrastructure at $200 billion and the real challenge lies in harnessing private investment, said the Economic Survey 2018-19 tabled in Parliament on Thursday

Economic Survey 2018-19: CEA rejects Arvind Subramanian's claims, says hard to create wrong narrative

Chief Economic Adviser K Subramanian on Thursday seemed to rubbish his predecessor Arvind Subramanian claim of India overestimating its growth rate, saying that it is very hard to create a narrative which is different from the truth

Economic Survey 2018-19: GDP growth of 7% for current fiscal a pragmatic target, says industry bodies

Industry chambers on Thursday termed the 7 percent GDP growth for 2019-20 pegged by the Economic Survey a 'pragmatic target' that pointed towards a cautious optimism about the economy on the back of investment revival and rural consumption

Economic Survey 2018-19: Govt may further ease FDI norms to bridge current account deficit

The government is expected to further ease the foreign direct investment (FDI) norms with a view to bridge the widening current account deficit (CAD), according to the Economic Survey 2018-19

Economic Survey 2018-19: Gross tax to GDP ratio dips to 10.9% in FY19 on shortfall in indirect tax revenues

The gross tax to GDP ratio declined to 10.9 percent in 2018-19 as indirect tax revenues fell short of budget estimates by about 16 percent, due to shortfall in Goods and Services Tax (GST) mop up, the Economic Survey said

Union Budget 2019: Here’s why the Finance Minister of India poses with briefcase before presenting the budget

This year, Union Finance Minister Nirmala Sitharaman is expected to present the Budget on 5 July announcing the budget along with a briefcase.

Economic Survey 2018-19: Sticking to fiscal deficit target important, says CEA KV Subramanian

Chief Economic Adviser KV Subramanian on Thursday stressed that the government should stick to the fiscal consolidation path or risk crowding out investment due to large public borrowings

Economic Survey 2018-19: Focus shift from 'dwarf' entities to 'infant' firms must to create jobs, foster growth

The government on Thursday said "perverse incentives" targeting "dwarf" companies must be replaced with prioritising start-ups and "infant" firms in high employment-elastic sectors to foster economic growth and create job