Economic Survey 2013: HIGHLIGHTS
The Economic Survey 2013 says that foreign exchange reserves were steady at $295.6 billion at December 2012 end. Fiscal deficit may be at 5.3%, possible that Chidambadarm may bring it down to 5.2%,...
View ArticleEco Survey predicts higher growth for next year
The pre-Budget Economic Survey for 2012-13, tabled in Parliament today, has projected a turnaround in the economy in 2013-14, with growth expected to be in the range of 6.1 to 6.7 per cent, up from the...
View ArticleSubsidy should be slashed: Economic Survey
Claiming that the "downturn is more or less over", the pre-Budget Economic Survey today projected an optimistic 6.1 to 6.7% growth in the next fiscal and made a strong call for cutting subsidises
View ArticleHigh crude prices push up subsidy bill: Survey
Even as Finance Minister pulls out all the stops to narrow high fiscal deficit, the subsidy bill will overshoot the target of Rs 1.79 lakh crore in this financial year due to higher crude oil prices
View ArticleEasy money policy by rich nations could fuel inflation: Survey
Easy money policy of major developed and developing nations could aggravate inflationary expectations in India, cautioned Economic Survey for 2012-13
View ArticleEco survey: Small shops giving competition to big retailers
Traditional retailers are giving strong competition to organised retailers and the decision to permit foreign retailers to open stores in the country will not affect small players in India, the...
View ArticleSurvey against hike in tax rates; calls for widening base
Amid debate over imposing higher taxes on super-rich, the Economic Survey today said efforts should be made to raise revenue by widening tax base and not by increasing the rates
View ArticleEco Survey pegs growth at 6.1-6.7%
A year after India's economic growth is headed to a record ten-year low growth of 5% in 2012-13, economic advisers in the Finance Ministry expect the economy to recover to 6.1-6.7% in 2013-14.
View ArticleEconomic Survey: Banks open 40,000 ultra-small branches
Indian banks have set up over 40,000 ultra-small branches across the country to drive financial inclusion in un-banked and under-banked centres, according to the Economic Survey for 2012-13.
View ArticleIndia suffered peak power shortage of 9% in 2007-12: eco survey
India witnessed a peak power shortage of 9% during the five years ending 2012 when over 50,000 MW new generation capacity was created, Economic Survey said today.
View ArticleIndian firms raised Rs 2.81 lakh cr in Apr-Dec 2012: eco survey
Indian companies raised a total of Rs 2.81 lakh crore in fresh capital from equity and debt markets in the April-December period of 2012.
View ArticlePrice support shouldn't be the only way to incentivise farming: Survey
As the government battles to keep food inflation within manageable limits, the annual Economic Survey of the Finance ministry said that existing price support mechanism, should not be the sold tool to...
View ArticleEco Survey silent on open access to consumers
Open access to consumers especially for 1 Mw and above is yet to take off on a large scale. However, the Economic Survey is completely silent on this aspect, though it does mention that open access at...
View ArticleWPI Inflation to ease further in coming months: Survey
Despite the Wholesale and retail Inflation moving in opposite directions, the government today exuded confidence that the headline Wholesale Price Index (WPI) based inflation will ease to the range of...
View ArticleChallenges to make India preferred investment destination remain: survey
India's financial sector faces certain challenges that hold it back from becoming a preferred destination for global investors even though reforms have made domestic capital market more vibrant and...
View ArticleReprioritise all spending to meet 12th Plan outlay: Eco Survey
The Economic Survey today suggested the government reprioritise Plan and Non-Plan expenditure in its efforts to contain fiscal deficit at manageable levels.
View Article2012, a bad year for the FDI: Govt
Government today said 2012 has been a bad year for FDI due to global economic slowdown and steps were being taken to increase its inflow.
View ArticleEconomic Survey calls for urgent need to manage food stocks
As the country faces the prospect of being saddled with record almost 100 million tonnes of foodgrains in the next few months, the government's annual Economic Survey released today said that urgent...
View ArticleFast-track green approvals for 795 MT coal output in 2012-17: Eco Survey
Delays in environment clearances needs to be addressed on a fast-track basis for achieving coal production target of 795 MT during the current five year plan (2012-17), the Economic Survey said today.
View ArticleUrgent attention required on infra, taxes to boost exports: survey
India needs "urgent attention" on issues related to infrastructure, trade facilitation, taxes and credit in order to boost the country's exports, said the Economic Survey 2012-13.
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