Economic Survey

  • India @ 9 with Anubha Bhonsle July 9, 2014

    Catch the day's top stories with Anubha Bhonsle on India @ 9. ...
  • Bihar best performing state in terms of growth rate: Survey July 9, 2014

    Bihar is the best performing state in terms of gross state domestic product (GSDP) and per capita income growth, the Economic Survey for 201314 has said. Presenting the Survey in parliament, finance minister Arun Jaitley said a few states, including Madhya Pradesh, Gujarat and Kerala, have also performed well above the...
  • Chidamabaram appreciates restrained language of Economic Survey July 9, 2014

    New Delhi: Former Finance Minister P Chidambaram on Wednesday appreciated the restrained language of the preBudget Economic Survey but expressed disappointment over it envisaging a five year period to put in place reforms. Reacting to the Survey tabled in Parliament on Wednesday, he said that he was glad that it...
  • News 360: Economic Survey sees GDP growth for FY15 between 5.4 to 5.9 per cent July 9, 2014

    India will probably unveil bold reforms in its Budget on Thursday in a bid to turn around an economy growing at decade lows, but major changes to taxes will be absent, a survey showed. ...
  • Economic Survey suggests economy was robust in UPA regime: Congress July 9, 2014

    New Delhi: On the eve of the Union Budget, Congress on Wednesday latched on to the Economic Survey in seeking to puncture government claims that it has inherited 'empty coffers' and a bad economy. Party spokesman Abhishek Singhvi quoted profusely from the highlights of the Survey presented to Parliament on Wednesday,...
  • High tariff needed to make bullet trains viable: Economic survey July 9, 2014

    New Delhi: High tariff and large passenger volumes are required to justify investment in highspeed train projects as these are highly capital intensive in nature, the Economic Survey (ES) has said. Railways has in consultation with state governments selected seven corridors for carrying out prefeasibility studies for the introduction of highspeed,...
  • Fiscal deficit for 201415 projected at 4.5 per cent of GDP: Arun Jaitley July 9, 2014

    New Delhi: Finance Minister Arun Jaitley on Wednesday presented the Economic Survey 201415 in the Lok Sabha and pointed towards the worsening Fiscal situation. He said that the fiscal deficit for 201415 year is projected at 4.5 per cent of Gross Domestic Product (GDP). He assured that the government will...
  • Economic Survey highlights the 'mess' we inherited: Piyush Goyal July 9, 2014

    New Delhi: Blaming the UPAled government for the poor state of economy, Power Minister Piyush Goyal on Wednesday said the new government has inherited 'mess' from the previous UPAled regime. "A robust economy with euphoric investor sentiment that NDA left in 2004, has been brought down to a faltering economy with...
  • Economic Survey urges strong steps to contain fiscal deficit July 9, 2014

    New Delhi: Fiscal situation is worse than it appears, Prime Minister Narendra Modi's government said in an economic report on Wednesday that called for tough measures to shore up public finances and reduce inflation. The report's tone will increase speculation that Finance Minister Arun Jaitley, in presenting his first Budget to...
  • Urgent need to revamp Mahatma Gandhi NREGA: Economic Survey July 9, 2014

    New Delhi: Calling for an urgent revamp of previous UPA government's flagship job guarantee programme, Mahatma Gandhi NREGA, the Economic Survey on Wednesday said it needs to be made more development oriented and prevent its misuse. The survey also said there is a need for revamp or reorganisation of some of...
  • Economic Survey presents realistic macroeconomic picture: India Inc July 9, 2014

    New Delhi: Terming the Economic Survey 201314 as a "realistic" assessment of the current picture, India Inc on Wednesday hoped that the Budget will address key issues like infrastructure development and implement measures outlined in the document to revive growth. "The bold reform measures outlined in the Economic Survey need to...
  • Bad taxes like cess, surcharge need to go: Economic Survey July 9, 2014

    New Delhi: The complex taxation system needs a revamp through new laws, GST and DTC, as "bad taxes" like surcharges, cess and dividend distribution levy need to "eventually go" so as to boost investments as well as GDP growth, Economic Survey said on Wednesday. Tabled in Parliament a day before the...
  • India's workingage population to rise to 64 per cent by 2021: Survey July 9, 2014

    New Delhi: The proportion of workingage population in India is likely to increase from around 58 per cent in 2001 to more than 64 per cent by 2021, with a large number of young persons in the 2035 age group, according to the preBudget Economic Survey 201314. India with a large...
  • Agricultural exports up 5.1% to US dollar 37.29 billion in 201314: Survey July 9, 2014

    New Delhi: Agricultural exports, including marine, increased by 5.1 per cent to US dollar 37.29 billion in 201314, on account of jump in exports of rice. Exports of agriculture and allied products in 201112 accounted for 9.08 per cent of India's total exports as against 6.9 per cent in 201011, says...
  • Investors pump in Rs 54,000 crore in mutual fund schemes in FY14 July 9, 2014

    New Delhi: Investors pumped in nearly Rs 54,000 crore in various mutual fund schemes in 201314, 23 per cent lower than the amount infused by them in the preceding fiscal, the Economic Survey on Wednesday said. "During 201314, mutual funds mobilised Rs 53,782 crore from the markets as compared to Rs...
  • India needs to unleash labour reforms to create jobs July 9, 2014

    New Delhi: India needs to unleash second generation labour reforms and capitalise on demographic advantage for creating new firms and jobs, a government document said on Wednesday. "It is imperative to use India's unique demographic moment wisely and unleash the second generation reforms," the Economic Survey for 201314 stated. The suggestion assumes...
  • Growth forecast for next fiscal between 5.4 to 5.9 per cent July 9, 2014

    Indian economy is likely to grow in the range of 5.4 to 5.9 per cent in 201415 overcoming the sub5 per cent growth of Gross Domestic Product (GDP) witnessed over the last two years. The growth slowdown in the last two years was broad based, affecting in particular the industry...
  • Economic Survey 201314: Poverty ratio declines to 21.9 per cent July 9, 2014

    The Economic Survey 201314 presented by the Finance Minister Arun Jaitley has asked policy makers to design and execute development strategies targeting the young population that was approximately 58 per cent in 2001 and will increase to more than 64 per cent in 2021. The government has to take timely...
  • Highlights of Economic Survey 201314 presented by Arun Jaitley July 9, 2014

    Finance Minister Arun Jaitley presented the Economic Survey 201314 in Parliament on Wednesday which reveals that while the economy has shown an improvement but it is still not out of the woods. Even as Gross Domestic Product (GDP) growth is expected to be well below the six per cent mark, inflation...
  • Jaitley presents Economic Survey, GDP growth below 6 pc, inflation down July 9, 2014

    New Delhi: India's grim economic situation was reflected in the Economic Survey 201314, presented in the Lok Sabha on Wednesday by the Union Finance Minister Arun Jaitley. While the Economic Survey noted that fiscal deficit for 201314 has been contained at 4.5 per cent of the Gross Domestic Product (GDP)...
  • Live: FM Arun Jaitley tables Economic Survey in Parliament July 9, 2014

    Finance Minister Arun Jaitley has tabled the Economic Survey 20132014 in Parliament on Wednesday. The Survey gives a broad idea on the macro economic data of the country which will impact Budget decisions. ...
  • Ahead of Budget, Finance Minister Arun Jaitley to table Economic Survey today July 9, 2014

    New Delhi: Just a day to go for the Narendra Modi government's maiden Union Budget, Finance Minister Arun Jaitley will table the Economic Survey 20132014 in Parliament on Wednesday. The Survey gives a broad idea on the macro economic data of the country which will impact Budget decisions. Sources say...
  • Budget session of Parliament likely from July 7 June 17, 2014

    New Delhi: The budget session of Parliament is likely to be convened from July 7 and may go on for a month. Sources said that the session may last till August 6. The Union Cabinet may consider finalizing the schedule at its meeting on Wednesday. During the first week of the...
  • Centre plans socioeconomic survey in forest villages May 4, 2014

    New Delhi: The Centre is planning to conduct an exclusive socioeconomic survey of the people living in and around forest areas to bring forth the role of forest products and ecosystem in their lifestyle. The Union Environment and Forests Ministry says the exercise is necessary to assess the dependence of...
  • Interim Budget: Government plans to boost PSU banks, may provide Rs 11,200 crore February 18, 2014

    New Delhi: Finance Minister P Chidambaram on Monday proposed to infuse Rs 11,200 crore in public sector banks to enhance their capital in the next financial year. "In 201415, I propose to provide Rs 11,200 crore for capital infusion in public sector banks. They have opened 5,207 branches so far, against...
  • Budget 2014: Full text of P Chidambaram's speech on vote on account February 17, 2014

    Finance Minister P Chidambaram on Monday refuted the allegations of policy paralysis saying the UPAII has brought schemes and has contained the fiscal deficit. In the UPAII's last budget before the 2014 Lok Sabha elections, Chidambaram said the UPAI and UPAII have delivered above the trend. Even as he announced...
  • Government to loan Rs 4.57 lakh crore to bridge fiscal deficit in 201415 February 17, 2014

    New Delhi: The government on Monday pegged its net borrowing for 201415 at Rs 4.57 lakh crore, Rs 11,580 crore less than the revised estimates of the current fiscal. "The net market borrowing of the Central Government in 201415 is estimated to be Rs 4,57,321 crore," as per the interim Budget...
  • Budget 2014: FM cuts excise duty, woos youngsters, taxes unchanged February 17, 2014

    New Delhi: In an election year, Finance Minister P Chidambaram presented an Interim Budget shorn of rhetoric and stuck to highlighting the Congressled UPA Government's achievements of the last 10 years. Faced with a massive economic slowdown and staring at prospects of a Congress rout in the Lok Sabha elections,...
  • Budget 2014: Watch P Chidambaram's full speech on vote on account February 17, 2014

    Finance Minister P Chidambaram on Monday refuted the allegations of policy paralysis saying the UPAII has brought schemes and has contained the fiscal deficit. Chidambaram also announced excise cuts, leading to cars, mobile phones and twowheelers getting cheaper even as not sops were announced. ...
  • No policy paralysis, Indian economy better placed today: Chidambaram February 17, 2014

    New Delhi: Rejecting arguments of "policy paralysis", Finance Minister P Chidambaram on Monday said the economy is more stable than what it was two years ago following several steps taken by the government and that the growth will be higher in the second half of the fiscal. "Thanks to the numerous...