Economic Survey highlights need for private investments to boost talent, productivity: Experts
5 months ago

Economic Survey highlights need for private investments to boost talent, productivity: Experts

New Indian Express  

NEW DELHI: The pre-budget Economic Survey highlights the need for measures to boost talent and productivity through private sector investment, experts said on Monday. Rumki Majumdar, Economist, Deloitte India said the Survey has highlighted measures to boost talent and productivity through private sector investment in skills, physical and digital connectivity and building state capacity and capabilities. Aditi Nayar, Chief Economist and Head - Research & Outreach, ICRA said the Survey stresses that in the medium term, growth needs to be supported by the private corporate sector as well as the state governments. On inflation, she said that "managing inflation is not just the prerogative of the RBI and its MPC, and would require active intervention by the Centre, especially in the arena of food price management.

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Upcoming Economic Survey to look into deregulation, employment: CEA Nageswaran
2 weeks, 4 days ago

Upcoming Economic Survey to look into deregulation, employment: CEA Nageswaran

Live Mint  

New Delhi: The upcoming Economic Survey will delve into key themes and sectors like deregulation, unemployment, small and medium enterprises, human capital development, infrastructure and skilling, chief economic adviser V. Anantha Nageswaran said on Thursday. Addressing an event organized by industry body Assocham, Nageswaran underscored the need for deregulation at the state and local levels, drawing attention to the barriers …

Eco Survey 2024: Amid high growth India’s future appears bright, but a ‘grand alliance’ to tame unemployment is required
5 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 …

‘Service’ and ‘growth’ are the most used words in the Economic Survey
5 months ago

‘Service’ and ‘growth’ are the most used words in the Economic Survey

Hindustan Times  

The Economic Survey 2023-24, presented by Finance Minister Nirmala Sitharaman in the parliament on July 22, 2024 used the words ‘Service’ and ‘growth’ the most. Union finance minister Nirmala Sitharaman tabled the Economic Survey in Parliament on Monday. The Economic Survey 2024 showed that India's GDP is expected to grow between 6.5 to 7% during the financial year 2024-25. Also …

India Needs to Create 78.51 Lakh Jobs in Non-Farm Sector: Survey
5 months ago

India Needs to Create 78.51 Lakh Jobs in Non-Farm Sector: Survey

Deccan Chronicle  

New Delhi: The government on Monday asserted that the Indian economy needs to generate around 78.51 lakh jobs annually in the non-farm sector to meet growing demand and population growth. “The Indian economy needs to generate an average of nearly 78.5 lakh jobs annually until 2030 in the non-farm sector to cater to the rising workforce,” said the survey. “Casual …

PM Narendra Modi hails Economic Survey: ‘Highlights prevailing strengths of Indian economy’
5 months ago

PM Narendra Modi hails Economic Survey: ‘Highlights prevailing strengths of Indian economy’

Hindustan Times  

Prime Minister Narendra Modi on Monday hailed the Economic Survey 2023-24 tabled by Union finance minister Nirmala Sitharaman, saying that it highlights the prevailing strength of Indian economy. Prime Minister Narendra Modi said the Economic Survey identifies areas for further growth and progress “The Economic Survey highlights the prevailing strengths of our economy and also showcases the outcomes of the …

Productive jobs, skill gap, green transition, China conundrum among focus areas that find mention in the Economic Survey 2023-24
5 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: Why does it matter? What are the key takeaways?
5 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
5 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 …

Will AI lead to job cuts in India? Economic Survey warns these sectors
5 months ago

Will AI lead to job cuts in India? Economic Survey warns these sectors

Hindustan Times  

The biggest disruption for the future of work is the accelerated growth in artificial intelligence, which is poised to revolutionise the global economy. As AI systems become smarter and more prevalent, the future of work will change significantly, said the economic survey prepared under the guidance of chief economic advisor V Anantha Nageswaran. If Generative AI significantly boosts the marginal …

Jobs Creation, Agri Push, Skill Development, MSME Support: Govt Unveils Key Policy Focus Areas
5 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 …

PM Modi's 'Amrit Kaal' growth strategy in Economic Survey: These are 6 key focus areas
5 months ago

PM Modi's 'Amrit Kaal' growth strategy in Economic Survey: These are 6 key focus areas

Hindustan Times  

Ahead of the Parliament session, PM Modi said, “It is a matter of pride that after 60 years, a government has come to power for the third time and will present the first Budget for the third time.I have been giving guarantees to the people of the country and our mission is to bring this to the ground. These are …

Economic Survey flags impact of AI on workers, puts onus on pvt sector to create jobs
5 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. …

Economic Survey calls for tripartite agreement to make India developed by 2047
5 months ago

Economic Survey calls for tripartite agreement to make India developed by 2047

Hindustan Times  

The government presented the Economic Survey for 2023-24 in the parliament today, estimating that India’s real GDP could grow between 6.5% and 7% in 2024-25. {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} Redefining the responsibilities of the government, capital and citizens… {{^usCountry}} {{/usCountry}} “The tripartite compact that this country needs to become a developed nation amidst emerging unprecedented global challenges is for governments …

Economic Survey 2024 key highlights: FY25 growth forecast, inflation outlook and more
5 months ago

Economic Survey 2024 key highlights: FY25 growth forecast, inflation outlook and more

India Today  

Finance Minister Nirmala Sitharman on Monday tabled the Economic Survey 2023-24, which highlighted that the Indian economy is “on a strong wicket and stable footing”. Here are some of the key takeaways from the Economic Survey 2023-24: Indian economy on 'strong wicket' The Economic Survey highlighted that the economy is growing strongly, demonstrating resilience despite challenges. Inflation under control, private …

FM To Present Economic Survey Today, Here's How You Can Watch It Live
5 months ago

FM To Present Economic Survey Today, Here's How You Can Watch It Live

ABP News  

Economic Survey 2024: PM Narendra Modi-led government is all set to table its first full Union Budget for the 2024-25 fiscal year on July 23, 2024. Before the presentation, the Budget Session will begin on July 22, 2024 and the Finance Minister will table the Economic Survey 2023-24 in front of the Parliament. After the financial document is presented in …

Economic Survey 2024 Highlights: ‘Economy on strong wicket, stable footing’
5 months ago

Economic Survey 2024 Highlights: ‘Economy on strong wicket, stable footing’

Hindustan Times  

Economic Survey 2024 Highlights: Finance minister Nirmala Sitharaman tabled the pre-budget document in Parliament today, a day ahead of the Budget presentation on July 23. Who prepares the Economic Survey? The Economic Survey is prepared by the Economic Division of the Department of Economic Affairs in the Ministry of Finance. The Economic Survey give insights into the state of the …

Explained: Why Economic Survey 2024 has taken a cautious stance
5 months ago

Explained: Why Economic Survey 2024 has taken a cautious stance

India Today  

The Economic Survey 2023-24 has adopted a more cautious stance on India’s growth prospects, projecting an expansion of 6.5% to 7% for the fiscal year. Chief Economic Adviser V. Anantha Nageswaran highlighted that while the Indian economy remains resilient, it faces potential challenges from geopolitical uncertainties and the risk of cheaper imports that could impact private capital formation. "The Indian …

Economic Survey 2023-24: Tax policies to have major role in tackling income inequality
5 months ago

Economic Survey 2023-24: Tax policies to have major role in tackling income inequality

New Indian Express  

NEW DELHI: Tax policies will have a major role to play in tackling income inequality in the coming years as deployment of technology, like AI, can have a more deleterious impact on employment and income, the Economic Survey said on Monday. The 2022 State of Inequality in India report observed that in India, the top 1 per cent accounts for …

Economic Survey 2024: Why is it crucial for India's economy, when and who presents it
5 months ago

Economic Survey 2024: Why is it crucial for India's economy, when and who presents it

Hindustan Times  

The Economic Survey of India is presented annually by the government and it reviews the state of the economy in the previous year. The Economic Survey is presented for Parliament’s consideration ahead of the Union Budget. Economic Survey is presented in Parliament a day before the Union Budget. It provides a detailed overview of the economic performance of the country …

India’s Modi urged to set ‘ambitious’ economic agenda after poll humbling
6 months, 2 weeks ago

India’s Modi urged to set ‘ambitious’ economic agenda after poll humbling

Al Jazeera  

Indian Prime Minister Narendra Modi and his Bharatiya Janata Party campaigned on India’s sizeable economic expansion in the lead-up to the country’s recent national elections. Despite strong headline economic growth, nearly half of India’s population is still employed in the relatively unproductive agricultural sector – a share that rose during Modi’s second term, from 42.5 percent in 2018-19 to 45.8 …

Key takeaways from Delhi Economic Survey
1 year, 9 months ago

Key takeaways from Delhi Economic Survey

Hindustan Times  

Delhi's finance minister Kailash Gahlot on Monday tabled state Economic Survey in the Assembly. Delhi Economic Survey top points: 1) According to the survey report, the per capita income of Delhi at current prices reached at the level of ₹3,89,529 in 2021-22 as compared to ₹3,31,112 in 2020-21. 2) "The Advance Estimate of Per Capita Income of Delhi at current …

India to raise spending on job creation before election
1 year, 10 months ago

India to raise spending on job creation before election

Al Jazeera  

Finance Minister Nirmala Sitharaman said private investment was rising after the pandemic and the government should focus on driving growth. Prime Minister Narendra Modi’s government presented to Parliament an annual budget of $550bn that calls for ramping up capital spending by 33 percent to spur economic growth and create jobs in advance of a general election next year. The government …

DC Edit | Will poll-eve Budget put a cap on inflation?
1 year, 10 months ago

DC Edit | Will poll-eve Budget put a cap on inflation?

Deccan Chronicle  

On the eve of the Union Budget day, finance minister Nirmala Sitharaman completed the pre-Budget ritual of tabling the Economic Survey in the Lok Sabha. From a bird’s eye view, the Survey exudes confidence about the course of the Indian economy — the country will continue to be the fastest growing major economy, albeit slowing down its pace a little, …

Economic Survey 2022-23 | Economy on stronger wicket than pre-COVID times, to grow 6.5% in 2023-24
1 year, 10 months ago

Economic Survey 2022-23 | Economy on stronger wicket than pre-COVID times, to grow 6.5% in 2023-24

The Hindu  

Painting an exuberant picture of the Indian economy’s prospects thanks to “New Age” reforms undertaken since 2014, the Economic Survey tabled by Finance Minister Nirmala Sitharaman in Parliament on Tuesday asserted that not only are the pandemic-induced blues over, but the outlook for the years ahead is also rosier than in the pre-COVID years. Though global uncertainties are rife and …

Economic Survey 2023 UPI-Based Transaction Sees 121 Pc Growth Between 2019-22 Nirmala Sitharaman Union Budget
1 year, 10 months ago

Economic Survey 2023 UPI-Based Transaction Sees 121 Pc Growth Between 2019-22 Nirmala Sitharaman Union Budget

ABP News  

The Economic Survey was tabled in Parliament on Tuesday by Finance Minister Nirmala Sitharaman, kicking off the Budget 2023 session. The Survey also noted that Unified Payments Interface has seen a great boost in recent years, registering a growth in value as well as volume, in turn leading to global adoption. The survey noted that between 2019 and 2022, UPI-based …

Economic Survey pegs GDP growth at 6.5% in real, 11% in nominal terms in 2023-24
1 year, 10 months ago

Economic Survey pegs GDP growth at 6.5% in real, 11% in nominal terms in 2023-24

Hindustan Times  

India’s GDP will grow at a baseline value of 11% in nominal terms and 6.5% in real terms in 2023-24, according to the 2022-23 Economic Survey, which was tabled in Parliament on January 31. The survey, which pegged real growth in the rage of 6-6.8% depending on downside and upside risks, underlined the fact that “agencies worldwide continue to project …

Economic Survey: GDP to grow at 6.5% in 2023-24 compared to 7% this fiscal
1 year, 10 months ago

Economic Survey: GDP to grow at 6.5% in 2023-24 compared to 7% this fiscal

Hindustan Times  

Union finance minister Nirmala Sitharaman on Tuesday tabled the economic survey 2022-23 in Parliament. The economic survey forecast India's economy to grow at 6.5 per cent in 2023-24, compared to 7 per cent this fiscal and 8.7 per cent in 2021-22. The economic survey forecast its economy will grow 6 per cent to 6.8 per cent in the next financial …

Economic Survey Likely to Peg 2023-24 Growth at 6-6.8%, Slowest in Three Years: Report
1 year, 10 months ago

Economic Survey Likely to Peg 2023-24 Growth at 6-6.8%, Slowest in Three Years: Report

News 18  

The annual pre-Budget Economic Survey 2022-23 is likely to peg GDP growth at 6-6.8 per cent for 2023-24, according to a source. The government survey is likely to say that growth is seen at 6.5 per cent for 2023-24 under the baseline scenario, the person said, declining to be named as the matter was confidential. India’s current account deficit may …

Economic survey 2023 to be tabled today: All you need to know about it
1 year, 10 months ago

Economic survey 2023 to be tabled today: All you need to know about it

Hindustan Times  

A day before of the Union Budget, the government is set to table the economic survey 2023 on Tuesday at 11am. Union finance minister Nirmala Sitharaman will present the pre-Budget document after President Droupadi Murmu's address to the joint sitting of the two Houses of Parliament. Union finance minister Nirmala Sitharaman will present the Economic Survey after President Droupadi Murmu's …

India's Economic Survey Likely To Peg 2023-24 Growth At Slowest In 3 Years: Report
1 year, 10 months ago

India's Economic Survey Likely To Peg 2023-24 Growth At Slowest In 3 Years: Report

News 18  

India’s annual pre-budget economic survey is likely to peg GDP growth at 6-6.8% for 2023-24, according to a source. Growth in the financial year beginning April 1 will remain strong relative to most global economies, led by sustained private consumption, a pick-up in lending by banks and improved capital spending by corporations, the survey will likely say, the source said. …

Budget 2023: Economic Survey to be tabled today. What is it and where to watch Live?
1 year, 10 months ago

Budget 2023: Economic Survey to be tabled today. What is it and where to watch Live?

Hindustan Times  

On Tuesday, the first day of Parliament's budget session, and a day before the presentation of the Union budget, the annual Economic Survey will be tabled for parliamentarians, and then presented before the public. Chief economic advisor V Anantha Nageswaran will present the Economic Survey to the public, on Tuesday. Union finance minister Nirmala Sitharaman will table the document in …

Budget 2023: Key Things You Need To Know About Economic Survey
1 year, 10 months ago

Budget 2023: Key Things You Need To Know About Economic Survey

News 18  

The Economic Survey 2022-23 is set to be released on Tuesday, a day before the Budget 2023. The Economic Survey, which is usually released a day before the Budget, comes in two parts ‘Part A’ and ‘Part B’. The theme of the Economic Survey 2021-22, which was presented by the then principal economic advisor, Sanjeev Sanyal, was the ‘Agile Approach’. …

Economic Survey 2022-23: When Will It Be Presented? Know Where To Watch Live Streaming
1 year, 10 months ago

Economic Survey 2022-23: When Will It Be Presented? Know Where To Watch Live Streaming

News 18  

The Economic Survey, which is tabled every year just before the Union Budget, will be presented on Tuesday, January 31, to highlight the state of the economy in the current financial year 2022-23. The Economic Survey of India reviews the state of the Indian economy for the whole financial year and the outlook ahead, including fiscal developments and monetary management, …

Budget 2022: Creation of 60 lakh jobs next target of govt, says FM Nirmala Sitharaman
2 years, 10 months ago

Budget 2022: Creation of 60 lakh jobs next target of govt, says FM Nirmala Sitharaman

India Today  

Presenting the Union Budget 2022, Finance Minister Nirmala Sitharaman said the next target of the government is to create 60 lakh jobs. "Production Linked Incentive Scheme for achieving Aatmanirbhar Bharat has received an excellent response, with potential to create 60 lakh new jobs and additional production of 30 lakh crore during next Keycap digit five years," she said. Read: Budget …

Economic Survey 2021-22: Long on Details, Short on Analysis
2 years, 10 months ago

Economic Survey 2021-22: Long on Details, Short on Analysis

News 18  

Economic Survey 2021-22, which Finance Minister Nirmala Sitharaman tabled in the Lok Sabha on Monday, has forecast 8-8.5 per cent growth in 2022-23. This year’s Survey particularly highlights the importance of process reforms in a number of sectors…” Abrogation of retrospective taxation was indeed a big step; such taxation had not just become a bane for the economy, deterring foreign …

Survey projects 8-8.5 per cent growth in GDP next fiscal; by 9.2 % cent this year
2 years, 10 months ago

Survey projects 8-8.5 per cent growth in GDP next fiscal; by 9.2 % cent this year

Deccan Chronicle  

New Delhi: With a gradual recovery from the impact of the Covid-19 pandemic, the Indian economy is likely to grow with a ray of optimism on demand and consumption growth in the coming fiscal year, though there are some concerns over the implications of hardening inflation and oil prices. The agriculture sector has been the least impacted by the Covid-19 …

Economic Survey 2022: 8 key points you need to know
2 years, 10 months ago

Economic Survey 2022: 8 key points you need to know

India Today  

Finance Minister Nirmala Sitharaman on Monday tabled the Economic Survey 2021-22 ahead of the Union Budget 2022. The macroeconomic stability indicators in the government’s Economic Survey suggest that the country's economy is well-placed to take on the challenges of the financial year 2022-23. GDP ESTIMATES The Economic Survey projected an 8-8.5 per cent gross domestic product growth rate for the …

Economic Survey tabled: Govt projects 9.2% GDP growth in FY22
2 years, 10 months ago

Economic Survey tabled: Govt projects 9.2% GDP growth in FY22

India Today  

Finance Minister Nirmala Sitharaman on Monday tabled the Economic Survey in Parliament along with the statistical Appendix. The Economic Survey has provided details pertaining to the state of the economy ahead of the Union Budget for the fiscal year beginning April 1, 2022. GDP PROJECTIONS The Economic Survey has predicted 8 to 8.5 per cent Gross Domestic Product growth in …

Economic Survey 2021: Nirmala Sitharaman to table document in Parliament; when and where to watch
3 years, 10 months ago

Economic Survey 2021: Nirmala Sitharaman to table document in Parliament; when and where to watch

Firstpost  

The Economic Survey 2021 will tabled today, 29 January, during the Budget Session of the Parliament. The Union Budget 2021 will be tabled by Finance Minister Nirmala Sitharaman on 1 February. While the Economic Survey is usually presented a day prior to the Union Budget, it is being tabled earlier before the House this year as the day before Budget …

Budget 2021: Why R&D needs much needed push
3 years, 10 months ago

Budget 2021: Why R&D needs much needed push

India TV News  

By L Divya With the commencement of the Budget session in the Parliament on January 29, 2021, the Economic survey 2020-21 was tabled by Finance Minister Nirmala Sitharaman. The recommendations made by Chief Economic Advisor to the Government of India Krishnamurthy Subramanian in the Economic Survey 2020-21 is about the need to ‘significantly Increase’ the investment in R&D by the …

Economic Survey 2021 to be tabled today: All you need to know about CEA KV Subramanian
3 years, 10 months ago

Economic Survey 2021 to be tabled today: All you need to know about CEA KV Subramanian

Firstpost  

The Government of India will be presenting the Economic Survey 2021 in the Parliament today, setting the stage for the Union Budget. The Economic Survey is a detailed report on the condition of the country’s economy in the past one year and it is prepared by the Economic Division of the Department of Economic Affairs under the guidance of the …

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