Survey may address tough economic questions
1 month, 3 weeks ago

Survey may address tough economic questions

New Indian Express  

She says the country does not have a comprehensive document yet on the analytical framework and the road map towards Viksit Bharat 2047, and she hopes this Economic Survey will present that comprehensive framework and the significant components of our ‘graduation dreams’ towards a developed country by 2047. Last year, the survey had famously raised the issue of threat of AI to job creation, and batter for investment from China in order to boost manufacturing in the country. “…to boost Indian manufacturing and plug India into the global supply chain, it is inevitable that India plugs itself into China’s supply chain. The survey had raised concerns on large retail sector participation in F&O segment of equity market and has said India can ill-afford the economy’s over-financialisation at the current stage of development.

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History of this topic

How India can seize the foreign investment opportunity
Trending News
6 days, 12 hours ago

How India can seize the foreign investment opportunity

Hindustan Times  

India finds itself in an intensifying global competition for foreign investment to create good jobs, upskill workers, infuse technology, and ultimately fuel its economic growth. Last December, India’s commerce ministry reported that total foreign direct investment flows climbed to $1 trillion since April 2000. In weighing investments in India versus Southeast Asian countries, Mexico, Poland, or, yes, China, businesses are …

India should focus on accelerated reforms to speed up growth, achieve high-income status by 2047: World Bank
3 weeks, 4 days ago

India should focus on accelerated reforms to speed up growth, achieve high-income status by 2047: World Bank

The Hindu  

India would need to grow by 7.8% on average over the next 22 years to achieve the country’s aspirations of reaching high-income status by 2047, said the World Bank in a report released on Friday. Achieving this target was possible, however, getting there would require reforms and their implementation to be as ambitious as the target itself, said the report …

India’s Economic Surveys deserve a lot more attention than they usually get
1 month, 3 weeks ago

India’s Economic Surveys deserve a lot more attention than they usually get

Live Mint  

Economic Surveys tend to have a short shelf life. The latest survey cautions against the “risk of financialisation"—or the “dominance of financial markets in shaping policy and macroeconomic outcomes"— and of “asset price bubbles that are now endemic in the West." These markets, it notes, are central to India’s growth story, catalysing capital formation for real economic activity, enhancing the …

IISc’s Pravriddhi aims to give a fillip to manufacturing, reduce import-reliance
1 month, 3 weeks ago

IISc’s Pravriddhi aims to give a fillip to manufacturing, reduce import-reliance

The Hindu  

Micro, Small and Medium Enterprises contribute to around 30% of India’s GDP generating more than 23 crore jobs, second only to agriculture. Pravriddhi, a product accelerator programme by the Foundation for Science, Innovation, and Development at the Indian Institute of Science aims to bridge this gap by encouraging market-driven innovation and manufacturing in the capital goods sector and replicating it …

​A pragmatic picture: On the Economic Survey 2024-25
Trending News
1 month, 3 weeks ago

​A pragmatic picture: On the Economic Survey 2024-25

The Hindu  

Parliament’s Budget session has begun amid a significantly changed backdrop. India’s growth is seen faltering after four years of healthy post-pandemic growth, the stock markets are tumbling, the rupee is losing ground faster than expected, and the major drivers that have been spurring the economy — domestic demand and public sector capex — are sputtering, while private investments remain insipid. …

Economic Survey flags concerns about sustainable level of CAD for India
1 month, 3 weeks ago

Economic Survey flags concerns about sustainable level of CAD for India

Live Mint  

The Economic Survey raised concerns about the sustainable level of current account deficit for India. “If, for various reasons, capital flows are going to be problematic, it raises questions as to the level of sustainable CAD for India,” the survey said. “It may not be 2.5 per cent to 3 per cent as before, but it is much lower.” India’s …

Disproportionate growth in wage, corporate profit poses risk to economy by curbing demand: Economic Survey
1 month, 3 weeks ago

Disproportionate growth in wage, corporate profit poses risk to economy by curbing demand: Economic Survey

The Hindu  

Growth in corporate profits needs to be commensurate with wages to boost the economy, Economic Survey 2024-25 said, noting that sharp disparities between the two pose risk to the economy by curbing demand. Economic Survey mentions that the growing participation of women in entrepreneurship can propel the country towards higher levels of development by tapping into their latent potential to …

Focus on business reforms, private sector R&D: Economic Survey
1 month, 3 weeks ago

Focus on business reforms, private sector R&D: Economic Survey

The Hindu  

The Economic Survey 2024-25, tabled in Parliament by Finance Minster Nirmala Sitharaman urges States to take the lead in strengthening India’s manufacturing base. It also noted that even among industrialised States, only a few States like Gujarat, Uttarakhand and Himachal Pradesh have leveraged the sector to “generate reasonable levels of incomes for their people.” It urged States to “focus on …

Dominant China provides both a challenge and a blueprint, says Economic Survey
1 month, 3 weeks ago

Dominant China provides both a challenge and a blueprint, says Economic Survey

Live Mint  

New Delhi: In the Economic Survey 2025, China is mentioned 102 times, casting a long shadow over the global economic landscape. The survey highlighted to China’s near-total dominance of global battery manufacturing and wind energy supply chains, areas where India is just beginning to establish a foothold. India’s strategic response Against this backdrop, the Economic Survey emphasizes the need for …

Economic Survey 2024-25: India’s Growth Roadmap, Key Insights, and Future Projections
1 month, 3 weeks ago

Economic Survey 2024-25: India’s Growth Roadmap, Key Insights, and Future Projections

Op India  

The Union Finance Ministry on 30 January released the Economic Survey for the financial year 2024-25, ahead of presenting the budget for the next financial year. The Economic Survey 2024-25 provides a detailed assessment of India’s economic performance over the past year and outlines future growth prospects. The survey also notes the growth in insurance industry and expansion of India’s …

Economic Survey projects impressive growth, but stagnant jobs and wages remain big challenge
1 month, 3 weeks ago

Economic Survey projects impressive growth, but stagnant jobs and wages remain big challenge

Firstpost  

Policymakers must double down on deregulation for MSMEs, encourage fair income distribution, and focus on skill development. While corporate bond issuances stood at Rs 7.3 lakh crore, making up a significant portion of private financing, India’s corporate bond market remains at just 18 per cent of GDP, compared to 80 per cent in South Korea and 36 per cent in …

Economic Survey 2024-25: China's role as world's factory poised for a reset
1 month, 3 weeks ago

Economic Survey 2024-25: China's role as world's factory poised for a reset

Firstpost  

Considering how much China has come to dominate manufacturing and supply chains in the world, more and more trade restrictions are being placed and a reset of the dependence on China appears to be in the making, says the Economic Survey 2024-25 The Economic Survey has suggested that China’s role as the world’s manufacturing hub is set for a reset. …

Economic Survey flags EU’s carbon tax as trade barrier that could hit India’s exports
1 month, 3 weeks ago

Economic Survey flags EU’s carbon tax as trade barrier that could hit India’s exports

Live Mint  

New Delhi: The Economic Survey 2024-25 has raised concerns about the European Union’s Carbon Border Adjustment Mechanism, calling it a restrictive trade policy that could threaten India’s exports and widen the current account deficit. Released by finance minister Nirmala Sitharaman in Parliament on Friday, the survey noted that while the EU has positioned CBAM as an environmental safeguard against carbon …

What Economic Survey 2024-25 says on 7 challenges facing the government
1 month, 3 weeks ago

What Economic Survey 2024-25 says on 7 challenges facing the government

Live Mint  

Every year, a day before the Union Budget, the government of the day comes out with the Economic Survey, which is both a report card of the Indian economy and a document of thoughts and ideas for the future. For India to achieve developed nation status by 2047, the Survey says: “This would entail sustained growth to close to 8% …

Is India getting FDI right? Economic Survey records 18% growth in first 8 months of 2024-25
1 month, 3 weeks ago

Is India getting FDI right? Economic Survey records 18% growth in first 8 months of 2024-25

Firstpost  

Over the long term, FDI inflows into India have exceeded $1 trillion from April 2000 to September 2024, reinforcing the country’s status as a significant global investment hub, according to the Economic Survey 2024-25 India recorded a revival in foreign direct investment for the fiscal year 2025, with gross inflows rising from $47.2 billion in the first eight months of …

Economic Survey: Local tech, components for EV manufacturing
1 month, 3 weeks ago

Economic Survey: Local tech, components for EV manufacturing

Live Mint  

New Delhi: India is pushing to localize technology and raw materials used in electric vehicle manufacturing, as China’s grip on the global EV supply chain remained firm through the last fiscal year, the Economic Survey for FY25 revealed Friday. Expanding public transit networks could also reduce India’s dependence on imported EV components, the survey noted. "China's vertical integration across the …

Economic Survey highlights India's unique position to harness AI potential
Trending News
1 month, 3 weeks ago

Economic Survey highlights India's unique position to harness AI potential

Hindustan Times  

India's demographic advantage and diverse economic landscape position it uniquely to benefit from AI, the Economic Survey for 2024-25 tabled in the Parliament on Friday afternoon asserted. The Economic Survey, quoting founder of the AI research and deployment company OpenAI, said how it had recently indicated they were expecting to have office ready 'AI workers' by the end of 2025. …

Eco Survey calls for regulatory framework tweaks to align AI use with societal values
1 month, 3 weeks ago

Eco Survey calls for regulatory framework tweaks to align AI use with societal values

Live Mint  

New Delhi, Jan 31 The Economic Survey on Friday said regulatory frameworks will need to be "revisited and amended" to ensure that use of AI aligns with societal values, balancing innovation with accountability and transparency. The pre-Budget document cited an IMF paper to say that governments may be forced to tax incremental profit of corporates that use AI to replace …

Governments must ‘get out of the way’ to refire growth: Economic Survey
1 month, 3 weeks ago

Governments must ‘get out of the way’ to refire growth: Economic Survey

The Hindu  

India’s economy is expected to grow in the range of 6.3% and 6.8% in 2025-26 from an estimated 6.4% this year, according to the Economic Survey for 2024-25, tabled in Parliament on Friday. The goal of a ‘Viksit Bharat’ in the 100th year of independence, the Survey’s authors emphasised, will require about 8% growth for at least a decade — …

Economic Survey projects India’s GDP growth at 6.3%-6.8% for FY 2025-26
1 month, 3 weeks ago

Economic Survey projects India’s GDP growth at 6.3%-6.8% for FY 2025-26

Hindustan Times  

New Delhi:The Economic Survey, tabled by union finance minister Nirmala Sitharaman on Friday, projects India’s gross domestic product growth in the range of 6.3% to 6.8% for the financial year 2025-26. Union finance minister Nirmala Sitharamantabled the Economic Survey on Friday The survey, which comprises 13 chapters, focuses on global threats to India’s trade and industries and highlights the potential …

Economic Survey 2025: Major global challenges faced by Indian economy
1 month, 3 weeks ago

Economic Survey 2025: Major global challenges faced by Indian economy

Live Mint  

The Economic Survey, released on Friday, January 31, indicated that India's export growth and manufacturing would face challenges due to global economic uncertainties, particularly in Europe and China. Additionally, major global challenges such as the Russia-Ukraine conflict, Israel-Hamas war, cyberattacks, and geopolitical risks around trade policies have also impacted the Indian economy, stated the Economic Survey. Economic Survey 2025: Major …

India’s electronics sector largely focused on assembly; slump in design, component manufacturing: Economic Survey
1 month, 3 weeks ago

India’s electronics sector largely focused on assembly; slump in design, component manufacturing: Economic Survey

New Indian Express  

NEW DELHI: India's electronics sector has largely focused on assembly, with limited progress in design and component manufacturing, according to the Economic Survey for 2024-25. The survey, tabled by Finance Minister Nirmala Sitharaman in Parliament on Friday, also noted that India holds 4 per cent of the global electronics market share. “The industry has largely focused on assembly, with limited …

Economic Survey 2024-25 calls for regulatory framework tweaks to align AI use with societal values
1 month, 3 weeks ago

Economic Survey 2024-25 calls for regulatory framework tweaks to align AI use with societal values

New Indian Express  

NEW DELHI: The Economic Survey on Friday said regulatory frameworks will need to be "revisited and amended" to ensure that use of AI aligns with societal values, balancing innovation with accountability and transparency. With an entire chapter dedicated to 'Labour in the AI era', the Economic Survey noted that while impact of AI on labour will be felt across the …

India lags in R&D, needs private sector contribution: Economic Survey
1 month, 3 weeks ago

India lags in R&D, needs private sector contribution: Economic Survey

New Indian Express  

NEW DELHI: India is facing a significant gap in research and development across key sectors, with a strong need for greater private sector involvement, according to the Economic Survey 2025, released on Friday. The survey highlights that while R&D spending in India has shown growth, it still lags behind global standards. In contrast, developed and emerging economies like China, Japan, …

India's budget will seek to propel $3.7 tn economy with AI and tech investments
1 month, 3 weeks ago

India's budget will seek to propel $3.7 tn economy with AI and tech investments

Live Mint  

As India seeks to consolidate its $3.7 trillion economy, drive sustainable growth across sectors, accelerate its digital transformation and become an artificial intelligence -first economy, finance minister Nirmala Sitharaman is expected to provide in the upcoming budget strategic policies that will drive innovation, strengthen local manufacturing, and equip the workforce for emerging opportunities. The hope is that by investing in …

India's Worrying Economic Dependence On China
2 months, 1 week ago

India's Worrying Economic Dependence On China

India Today  

India's trade deficit with China hit $85.1 billion in fiscal year 2024, underscoring growing economic concerns. This widening gap highlights India's deep reliance on Chinese goods across critical sectors like electronics, telecom, solar energy, and electric vehicles. Expanding PLI schemes to additional sectors and negotiating favorable trade agreements, particularly with countries like the UK, could bolster Indias manufacturing capabilities and …

Time is running out to revive India’s manufacturing sector
2 months, 3 weeks ago

Time is running out to revive India’s manufacturing sector

Live Mint  

Among these was weak manufacturing, which grew only 2.2%. While the debate on whether this is cyclical or structural is likely to continue, there is certainly a cause for worry as far as the manufacturing sector is concerned. From 2017-18 to 2022-23, enterprises in the organized manufacturing sector increased at 1.3% annually. The number of workers in the organized factory …

India job outlook 2025: How IT, energy, infra, logistics will drive hiring
3 months, 1 week ago

India job outlook 2025: How IT, energy, infra, logistics will drive hiring

India Today  

Employers in India are more optimistic about increased hiring next year compared to their global counterparts. According to the latest ManpowerGroup Employment Outlook report, which surveyed 3,000 employers, 53 per cent plan to hire while 13 per cent anticipate a reduction in staffing levels during Q1 2025. Sonal Arora, country manager of GI Group Holding, stated: “Overall, 2024 was a …

India should not shy away from Chinese investment: Arvind Panagariya explains why
3 months, 1 week ago

India should not shy away from Chinese investment: Arvind Panagariya explains why

Live Mint  

India should remain open to investments from China like other developed countries like the United States and Germany, with an expectation from a handful of sectors, reported the news agency PTI on Thursday, December 12. The activities from which you want to exclude are relatively few because I don't see other countries restricting Chinese investment in large number of sectors,” …

Building on the revival of the manufacturing sector
3 months, 2 weeks ago

Building on the revival of the manufacturing sector

The Hindu  

India’s journey to becoming a global manufacturing hub has gained momentum with the government’s strategic policy initiatives, particularly the Production Linked Incentive scheme. The results of the ASI 2022-23 show a healthy double-digit expansion in the growth rate of manufacturing sector output — at 21.5% — despite a high base of 2021-22 which saw a sharp rebound as the economy …

India to contribute 20 pc of global workforce growth between 2023-2050, China share to decline: Report
4 months ago

India to contribute 20 pc of global workforce growth between 2023-2050, China share to decline: Report

Live Mint  

New Delhi, : India is set to play a pivotal role in global workforce growth, contributing 20 per cent of it between 2023 and 2050, according to a report by Angel One Wealth. It said "By 2030 high-income households are expected to triple, while middle-income households will nearly double making India the fastest-growing nation in terms of per capita income". …

India third most improving market in business climate, says IU
4 months, 1 week ago

India third most improving market in business climate, says IU

Live Mint  

New Delhi: India is the third most improving country when it comes to the business environment, marked by strides in foreign direct investment policy, foreign trade, exchange controls and the tax regime, The Economist Intelligence Unit said in its 2024 rankings. The research and analysis division of the Economist Group said in its latest ranking of countries by their business …

How India can fix the Chinese imports problem
5 months, 3 weeks ago

How India can fix the Chinese imports problem

Live Mint  

India last month extended countervailing duties of 12-30% on certain steel imports from China and Vietnam, following requests from local producers to safeguard against cheaper imports. Read this | Mint Primer | China’s stimulus: What it spells for India & the world A growing economy like India’s naturally requires more imports to meet rising consumption and manufacturing demand, with cost …

Weighing in on business as usual with China
6 months ago

Weighing in on business as usual with China

The Hindu  

Recent media pieces have speculated on whether India’s fraught relations with China are headed towards a relative thaw and suggestions are being put forward for a more liberal attitude towards foreign direct investment from that country. The economic commentary Despite this national security situation, the Economic Survey 2024 has favoured India plugging itself into China’s supply chains through Chinese investments …

India has to change its policy if it wants to attract more Chinese investment: China Daily editorial
6 months, 2 weeks ago

India has to change its policy if it wants to attract more Chinese investment: China Daily editorial

China Daily  

There have been positive signs of improving China-India economic relations recently, as evidenced by Indian officials talking about easing restrictions on Chinese investment, and New Delhi making moves to expedite visa approvals for Chinese technicians. The seeming softening of attitude by New Delhi toward Chinese investment may have been made out of expediency, as declining foreign investment is likely to …

Roll out a red carpet for Chinese investment—but cautiously
7 months, 2 weeks ago

Roll out a red carpet for Chinese investment—but cautiously

Live Mint  

In 2021-22, India received its highest foreign direct investment inflow of $84 billion. Globally, one of the biggest FDI sources is China, which last year alone poured $148 billion into other economies, the world’s third highest, at a time when global aggregate FDI flows were falling. Of the cumulative FDI received since 2000, India approved only $2.5 billion from China, …

Chinese FDI seen as vital for Indians
7 months, 3 weeks ago

Chinese FDI seen as vital for Indians

China Daily  

By APARAJIT CHAKRABORTY in New Delhi and XU WEIWEI in Hong Kong | China Daily | Updated: 2024-08-01 09:42 The renewed inflow of Chinese foreign direct investment will be very positive for India, said experts after senior officials expressed recently that they welcomed fresh Chinese investments, given China's key role in the global supply chains and the benefits such investments …

Govt's stand on Chinese investment unchanged, Economic Survey an independent report: Piyush Goyal
7 months, 3 weeks ago

Govt's stand on Chinese investment unchanged, Economic Survey an independent report: Piyush Goyal

New Indian Express  

NEW DELHI: Commerce Minister Piyush Goyal on Tuesday said there has been no rethink on the government's stand on allowing Chinese investment and the views expressed in the Economic Survey do not represent the government's views. During the Question Hour, Congress MP Gaurav Gogoi alleged that India has become dependent on China and quoted the Economic Survey, saying it supported …

Centre may prepare a list of sectors for Chinese investments
7 months, 3 weeks ago

Centre may prepare a list of sectors for Chinese investments

Live Mint  

New Delhi: The Central government may consider preparing a list of sectors and industries where Chinese investments may be allowed, provided these help indigenize manufacturing and do not pose a security risk, two people aware of the matter said. If the idea takes wings, the DPIIT will work with the Union home ministry to gauge the security risk posed by …

Eco Survey 2024: Amid high growth India’s future appears bright, but a ‘grand alliance’ to tame unemployment is required
8 months ago

Eco Survey 2024: Amid high growth India’s future appears bright, but a ‘grand alliance’ to tame unemployment is required

Firstpost  

The survey has also been cautionary about the path of India towards a ‘Viksit Bharat’ in 2047, as it shows how India will face situations unlike what China faced when it was growing at high speed The Chief Economic Advisor to the Government of India prepares the Economic Survey that is presented a day ahead of Budget Day. Content Driven …

‘India may gain more from Chinese FDI than import reliance in tapping China plus one strategy’
8 months ago

‘India may gain more from Chinese FDI than import reliance in tapping China plus one strategy’

The Hindu  

Chief Economic Advisor V. Anantha Nageswaran has suggested that India may stand to gain more by “replacing some well-chosen imports with investments from China” thus helping both boost Indian manufacturing and plugging India into the global supply chain as it looks to tap advanced economies’ push to diversify beyond China through a China plus one sourcing approach. Writing in a …

India Should Think About Receiving Chinese Investments
8 months ago

India Should Think About Receiving Chinese Investments

Deccan Chronicle  

Chennai: In order to boost Indian manufacturing and plug India into the global supply chain, it is inevitable that India plugs itself into China's supply chain. It is increasingly seen that emerging economies are introducing import restrictions on Chinese goods while accelerating a push for free trade elsewhere to protect their domestic manufacturers due to the threat of China’s overcapacity. …

Productive jobs, skill gap, green transition, China conundrum among focus areas that find mention in the Economic Survey 2023-24
8 months ago

Productive jobs, skill gap, green transition, China conundrum among focus areas that find mention in the Economic Survey 2023-24

Op India  

The Economic Survey for 2023-24 tabled in the Parliament on Monday has identified six key policy focus areas for the government to achieve sustained economic growth. Those six areas where the government would focus are generating productive employment; skill gap, tapping the full potential of the agriculture sector, easing the compliance requirements and financing bottlenecks confronting MSMEs, managing India’s green …

Economic Survey 2023-24: India’s success in exports and reducing Chinese imports
8 months ago

Economic Survey 2023-24: India’s success in exports and reducing Chinese imports

The Hindu  

The government's steps such as mandatory quality norms and increase in customs duties have significantly helped the domestic toy players to boost exports and reduce dependence on Chinese imports, Economic Survey said on July 22. "India's import bill for toys from China dropped from USD 214 million in FY'13 to USD 41.6 million in FY'24, leading to a decline in …

Economic Survey 2023-24: Why does it matter? What are the key takeaways?
8 months ago

Economic Survey 2023-24: Why does it matter? What are the key takeaways?

Firstpost  

The Economic Survey for the year 2023-24 was tabled in Parliament on Monday setting the tone for the presentation of the Union Budget on July 23 by Finance Minister Nirmala Sitharaman. File Image/Reuters Union Finance Minister Nirmala Sitharaman tabled the Economic Survey 2023-24 on Monday in Parliament, presenting a comprehensive analysis of India’s economic trajectory amid global challenges. Key Takeaways …

Economic Survey 2023-24: Economy needs to generate nearly 78.51 lakh jobs annually in the non-farm sector
8 months ago

Economic Survey 2023-24: Economy needs to generate nearly 78.51 lakh jobs annually in the non-farm sector

The Hindu  

India's workforce is nearly 56.5 crore, with more than 45% employed in agriculture, 11.4% in manufacturing, 28.9% in services, and 13.0% in construction, highlights the Economic Survey 2023-24 released by the finance ministry on July 22. It stated, “The female labour force participation rate has been rising for six years, from 23.3% in 2017-18 to 37% in 2022-23, driven mainly …

Can agriculture sector become India’s growth engine? Economic Survey 2024 says THIS
8 months ago

Can agriculture sector become India’s growth engine? Economic Survey 2024 says THIS

Live Mint  

The Economic Survey 2024, tabled by FM Nirmala Sitharaman in Lok Sabha, stated that the agriculture sector could be a growth engine for India and the world as the scope for countries to squeeze out growth in manufacturing and services is narrowing due to resource-hoarding, trade protectionism, excess capacity, dumping, and artificial intelligence. “A return to roots, as it were, …

Jobs Creation, Agri Push, Skill Development, MSME Support: Govt Unveils Key Policy Focus Areas
8 months ago

Jobs Creation, Agri Push, Skill Development, MSME Support: Govt Unveils Key Policy Focus Areas

News 18  

Finance Minister Nirmala Sitharaman on Monday tabled the Economic Survey 2023-24 in Parliament, setting the stage for the Union Budget 2024-25. Skill Gap Challenge The Economic Survey 2023-24 said 65 per cent of India’s fast-growing population is under 35, and many lack the skills needed by a modern economy. In India, the government has been paying focused attention to enabling …

Economic Survey flags impact of AI on workers, puts onus on pvt sector to create jobs
8 months ago

Economic Survey flags impact of AI on workers, puts onus on pvt sector to create jobs

Live Mint  

“…it is in the enlightened self-interest of the Indian corporate sector, swimming in excess profits, to take its responsibility to create jobs seriously,” the Economic Survey said The Economic Survey on Monday highlighted the adverse impact that artificial intelligence can cast on Inda’s working class which in turn can add to the barriers to sustained growth for the Indian economy. …

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