Economic Survey: 6-6.8% FY24 growth prediction slightly stretched amid global slowdown; fiscal deficit target must be met, say experts
Mumbai/IBNS: The Economic Survey 2022-23 tabled by the Minister of Finance and Corporate Affairs Nirmala Sitharaman in Parliament on Tuesday has projected FY 2024 growth at 6-6.8%.
Unemployment rates fall from 5.8 pct in 2018-19 to 4.2 pct in 2020-21: Economic Survey
New Delhi: The Economic Survey 2022-23 tabled by the Minister of Finance and Corporate Affairs, Nirmala Sitharaman in Parliament, on Tuesday states that while the pandemic impacted both labour markets, and employment ratios, now with sustained effort in the last few years, coupled with quick response after the pandemic, and the world’s largest vaccination drive being undertaken in India, labour markets have recovered beyond pre-Covid levels, in both urban and rural areas, as observed in supply-side and demand-side employment data.
Nearly 22 crore beneficiaries verified under Ayushman Bharat Scheme: Economic Survey
New Delhi: As many as 21.9 crore beneficiaries have been verified under the Ayushman Bharat Pradhan Mantri – Jan Arogya Yojana (AB PM-JAY) Scheme including 3 crore beneficiaries verified using State IT systems as on January 4, 2023.
National COVID-19 vaccination programme meets its goals by overcoming R&D and logistical challenges, reveals Economic Survey
New Delhi: Elaborating on success story of India’s National Covid-19 Vaccination Programme, the Economic Survey 2022-23, tabled by Union Minister of Finance and Corporate Affairs Nirmala Sitharaman, says that as on 6 January 2023, India has been able to administer more than 220 crore Covid vaccine doses across the country.
Overall Gross Value Added moves up by 3.7 pct in first half of FY23: Economic Survey
New Delhi: The Overall Gross Value Added (GVA) by the Industrial Sector rose 3.7 per cent, based on data available for the first half of the FY23, which is higher than the average growth of 2.8 per cent achieved in H1 of the last decade, stated the Economic Survey 2022-23 presented by the Union Minister for Finance & Corporate Affairs Nirmala Sitharaman in Parliament on Tuesday.
Availability and spread of digital infrastructure to contribute significantly to economic growth: Economic Survey
New Delhi: While the role of traditional infrastructure has been well recognised, in recent years, the role of digital infrastructure in socio-economic development of the country has assumed an increased importance, revealed the Economic Survey.
Indian stock markets outperform peers in FY 2022-23: Economic Survey
New Delhi: Economic Survey 2022-2023 highlights buoyant performance of the Indian capital markets in the past year, driven by increased contribution of Small & Medium Enterprises (SMEs) and greater participation of domestic institutional and retail investors.
Cleaner balance sheets lead to enhanced lending by financial institutions: Economic Survey
New Delhi: The balance sheet clean-up exercise over the last few years has enhanced the lending ability of financial institutions – seen in double-digit growth of non-food credit offtake by Scheduled Commercial Banks (SCBs) since April 2022, as per the Economic Survey 2022-2023 released on Tuesday.
India's external sector displays position of strength in spite of global headwinds: Economic Survey
New Delhi: India has been able to face the headwinds to its external sector from a position of strength in the back of strong macro fundamentals and buffers, as per the Economic Survey released on Tuesday.
India's external trade recovers in 2021-22: Economic Survey
New Delhi: External trade recovered strongly in 2021-22 after the pandemic-induced slump of the previous year, with strong capital flows into India, leading to a rapid accumulation of foreign exchange reserves.
Govt spending on social service increases significantly amid pandemic: Economic Survey
New Delhi: The government’s spending on Social Services increased significantly during the pandemic states the Economic Survey 2021-22.
Govt to present Economic Survey 2021-22 on Monday
New Delhi/IBNS: Finance minister Nirmala Sitharaman will table the Economic Survey 2021-22 on Monday, a day before the Union Budget.
Economic Survey rightly sees economy 'homecoming to normalcy': ASSOCHAM
Kolkata/IBNS: The Economic Survey presented in Parliament has hit the nail right on its head by stating that the Indian economy's ''homecoming'' to normalcy is leading to hopes of a robust recovery in services and consumption; emphasizing forcefully that the reforms must continue to realise the full growth potential, ASSOCHAM has said.
Economic Survey says overall inflation is expected to moderate
New York: The Economic Survey 2020-21 says that going forward, as food inflation eases further, overall inflation is expected to moderate.
Economic Survey says India witnessed improved monetary policy transmission
New Delhi: The monetary policy was significantly eased from March 2020 onwards owing to the unprecedented COVID 19 pandemic and remained accommodative in 2020, states the Economic Survey.