Economic Survey 2019: India needs to grow at 8 percent per annum to become a $5 trillion economy by FY25. (Reports)
Economic Survey 2019 says lower global oil prices to boost consumption: Reuters quoting sources
Economic Survey 2019 says lower global growth and increased uncertainty over trade tension may hit exports: Reuters citing sources
Economic Survey 2019: Falling nominal GDP growth shows secular inflation fall. Share of informal sector to manufacturing growth decreased in FY19.
Economic Survey 2019: Stress in the Non Banking Financial Company (NBFC) sector was also a reason for FY19 growth slowdown. Positive signs in investment activity seem to be taking hold.
Economic Survey 2019: Government stood by its path of fiscal consolidation in FY19.
Economic Survey 2019: Oil prices are seen declining in FY20 from the existing levels.
The economic survey has said that decline in the non-performing assets (NPAs) should help push the capital expenditure cycle.
Economic survey: General fiscal deficit seen at 5.8 percent in FY19 against 6.4 percent in FY18.
Economic survey: January-March slowdown partly because of election-related uncertainty.
Economic survey: Accommodative monetary policy to help cut real lending rates.
Economic survey: Investment rate seems to have bottomed out.
The economic survey has predicated 7 percent GDP growth in FY20 on stable macro economic conditions.
NEWS FLASH: The government has tabled the economic survey in Parliament.
Both Houses of Parliament have convened.
Economic Survey may chart strategy for 8% average growth in next 5 years: Report
CNBC-TV18 has reported that the Economic Survey may lay out a strategy for achieving 8 percent average growth in next five years through better savings, investments, growth through Insolvency and Bankruptcy Code (IBC) changes.
The report adds that the economic survey could focus on job creation. It may also strongly push for labour reforms and use Rajasthan as a case study.
The survey may also recommend a sunset clause for size-based incentives for MSMEs.
The economic survey comes at a time when the economy is facing headwinds in manufacturing and agriculture sectors that saw growth rate slowing down to 5.8 percent -- a 5-year low -- in the January-March quarter.
The economic survey is likely to flag headwinds that the India’s economy might face in its pursuit to become the world's fifth largest.
It is also likely to detail reforms roadmap needed to fulfil the second Narendra Modi government’s goal of more than doubling the size of the economy to $5 trillion by 2024.
Does the economic survey suggest policy changes?
The focus now needs to be on make India an integrated market. For that, lots of regulatory and logistics barriers need to be removed. The survey will likely contain pointed policies to deal infirmities in India's farm economics.
Over the last two years, farmers have been protesting in several states, demanding better prices and debt write-offs. Low retail prices may be heartening to consumers, but persistently low food prices have meant that farmers' income have remained flat. (2/2)
Does the economic survey suggest policy changes?
Successive CEAs have used the Economic Survey to recommended policy changes, sometimes even sweeping measures.
This year, for instance, the survey is widely expected to recommend some big ideas on how to use technology and reduce regulations to bring markets closer to the farmers. Across different sectors, there is fragmentation in markets. (1/2)
The survey is expected to be tabled today after the Parliament convenes.
The Economic Survey is authored by Chief Economic Adviser (CEA) Krishnamurthy Subramanian, who was appointed as the CEA in December, and his team.
The Economic Survey gives a detailed account of the state of the economy, prospects and the policy challenges. It carries sectoral overviews and comments on reform measures that are required. The survey's outlook serves as a marker about future policy moves.
The annual Economic Survey is usually presented a day before the presentation of the annual budget.
Economic Survey 2019: India needs to grow at 8 percent per annum to become a $5 trillion economy by FY25. (Reports)
Economic Survey 2019 says lower global oil prices to boost consumption: Reuters quoting sources
Economic Survey 2019 says lower global growth and increased uncertainty over trade tension may hit exports: Reuters citing sources
Economic Survey 2019: Falling nominal GDP growth shows secular inflation fall. Share of informal sector to manufacturing growth decreased in FY19.
Economic Survey 2019: Stress in the Non Banking Financial Company (NBFC) sector was also a reason for FY19 growth slowdown. Positive signs in investment activity seem to be taking hold.
Economic Survey 2019: Government stood by its path of fiscal consolidation in FY19.
Economic Survey 2019: Oil prices are seen declining in FY20 from the existing levels.
The economic survey has said that decline in the non-performing assets (NPAs) should help push the capital expenditure cycle.
Economic survey: General fiscal deficit seen at 5.8 percent in FY19 against 6.4 percent in FY18.
Economic survey: January-March slowdown partly because of election-related uncertainty.
Economic survey: Accommodative monetary policy to help cut real lending rates.
Economic survey: Investment rate seems to have bottomed out.
The economic survey has predicated 7 percent GDP growth in FY20 on stable macro economic conditions.
NEWS FLASH: The government has tabled the economic survey in Parliament.
Both Houses of Parliament have convened.
Economic Survey may chart strategy for 8% average growth in next 5 years: Report
CNBC-TV18 has reported that the Economic Survey may lay out a strategy for achieving 8 percent average growth in next five years through better savings, investments, growth through Insolvency and Bankruptcy Code (IBC) changes.
The report adds that the economic survey could focus on job creation. It may also strongly push for labour reforms and use Rajasthan as a case study.
The survey may also recommend a sunset clause for size-based incentives for MSMEs.
The economic survey comes at a time when the economy is facing headwinds in manufacturing and agriculture sectors that saw growth rate slowing down to 5.8 percent -- a 5-year low -- in the January-March quarter.
The economic survey is likely to flag headwinds that the India’s economy might face in its pursuit to become the world's fifth largest.
It is also likely to detail reforms roadmap needed to fulfil the second Narendra Modi government’s goal of more than doubling the size of the economy to $5 trillion by 2024.
Does the economic survey suggest policy changes?
The focus now needs to be on make India an integrated market. For that, lots of regulatory and logistics barriers need to be removed. The survey will likely contain pointed policies to deal infirmities in India's farm economics.
Over the last two years, farmers have been protesting in several states, demanding better prices and debt write-offs. Low retail prices may be heartening to consumers, but persistently low food prices have meant that farmers' income have remained flat. (2/2)
Does the economic survey suggest policy changes?
Successive CEAs have used the Economic Survey to recommended policy changes, sometimes even sweeping measures.
This year, for instance, the survey is widely expected to recommend some big ideas on how to use technology and reduce regulations to bring markets closer to the farmers. Across different sectors, there is fragmentation in markets. (1/2)
The survey is expected to be tabled today after the Parliament convenes.
The Economic Survey is authored by Chief Economic Adviser (CEA) Krishnamurthy Subramanian, who was appointed as the CEA in December, and his team.
The Economic Survey gives a detailed account of the state of the economy, prospects and the policy challenges. It carries sectoral overviews and comments on reform measures that are required. The survey's outlook serves as a marker about future policy moves.
The annual Economic Survey is usually presented a day before the presentation of the annual budget.