Thursday, 6 October, 2022
TopicEconomic Survey

Topic: Economic Survey

India ‘18-24 months behind schedule’ to achieve $5 trillion economy: Govt advisor Sanjeev Sanyal

Modi govt had in early 2018 announced vision to achieve $5 trillion economy level by the 2025 fiscal, but the domestic economy started losing momentum because of the Covid pandemic in 2020.

Economic Survey forecasts 8-8.5% GDP growth in 2022-23, below IMF projection of 9%

Global economic environment a concern with inflation becoming an issue across the world, says Economic Survey 2021-22, tabled by Finance Minister Nirmala Sitharaman in Parliament.

Economic Survey’s growth forecast sensible. India has to ensure macro-economic stability

ThePrint view on the most important issues, instantly.

Hail the rise of a 100 Indian unicorns, and no, Ambani or Adani have nothing to do with these

Nearly 67 of the 100 unicorns in India came into existence after 2005, a Credit Suisse report says, noting changes in regulatory, business and funding environment.

India to see strong recovery, GDP growth could be higher than predicted 11%: Sanjeev Sanyal

At Off the Cuff, the principal economic advisor in the finance ministry asserts that the figures in the Economic Survey were a ‘conservative’ estimate.

India to witness ‘animal spirits’ revival with 11% growth rate next fiscal, says CEA

The expression 'animal spirits' was coined by celebrated economist John Maynard Keynes to refer to investors' confidence in taking action in terms of investment.

Economic Survey proposes hike in PDS rates to check swelling food subsidy bill

Wheat and rice prices under PDS have remained unchanged since the introduction of the food security act in 2013 despite increasing management costs every year.

Economic Survey bats for farm laws, says small & marginal farmers will no longer be ‘enslaved’

2020-21 survey also says agriculture, the only sector with positive growth in Q1 & Q2, can fuel India’s post-pandemic economic recovery.

Economic Survey notes ‘improvement in equity’ — better access to bare necessities across India

Economic Survey released Friday also says the poorest households had ‘disproportionately more’ access to basic amenities in 2018 as compared to 2012.

V-shaped recovery is on, but by 2022, India will grow only 2.4% over 2019-20 — Economic Survey

Economic Survey 2020-21 also states that fiscal slippage will be ‘transient’, criticises credit ratings for not capturing India’s ‘fundamentals’.

On Camera

YourTurn

Jaishankar to embark on his 1st visit to New Zealand from Oct 5

G20 has 5 daunting challenges and India’s presidency can turn this crisis into opportunity

India should highlight its leadership in low-cost vaccine tech, effective health immunisation delivery, generic pharmaceutical manufacturing, and solar energy.
Falguni Nayar, Nykaa's founder & CEO, and Sima Ganwani Ved, Apparel Group's founder & chairwoman, pose for a picture during a strategic alliance announcement in Mumbai, on 6 October 2022 | Reuters

Nykaa forge ties with Dubai’s Apparel Group to expand business in Gulf countries

Falguni Nayar, the online retailer founder and CEO, said the two companies would together build a multi-brand beauty retail business with Nykaa holding a 55% stake of the entity.

Defence

Rescue operation underway after an army aviation Cheetah helicopter flying in the forward area near Tawang crashed during a routine sortie Wednesday | ANI

Multiple military & civilian chopper crashes in past years highlight a disturbing trend for India

An Indian Army Aviation Cheetah helicopter crashed Wednesday. Several such crashes over past few yrs have jolted the military. Non-military sphere, too, has encountered many crashes.

India’s hijab supporters will lose even if they win SC battle. Because the real war is political

In a highly polarised time, cornered minorities tend to lean back and protect the roots and fundamentals of what is so dear to them. Politically, it can often be a bad trap.
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