survey
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Is 6.5 per cent the new 7 per cent growth norm?

The Economic Survey 2023 dashed all hopes projecting an average 6.5 per cent annual growth in the medium-term, which could be 5-7  years from FY24.

published on : 1st February 2023
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PLI scheme to attract Rs 3L cr capex  in 5 years

The scheme will increase share of manufacturing sector in total capital formation, which currently stands at nearly 17-20% between FY12 and FY20.

published on : 1st February 2023
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India shouldn’t be looking at 8-9% GDP growth at this point, says CEA

That is one of the reasons why export growth in the second decade wasn’t as good as it was in the first decade.

published on : 1st February 2023
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Genuine expectations: Karnataka on development path

These and other pipeline projects are held up due to shortage of funds to be released by the Government of India.

published on : 1st February 2023
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Growth to slow, India still fastest growing economy

Economic Survey 2022-23 bullish on private investments picking up; CEA says the global slowdown could actually work in favour of India

published on : 1st February 2023
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Bird survey in TN finds presence of South American suckermouth armoured catfish in Thamirabarani tanks

Volunteers of the 13th Thamirabarani waterbird census have found the presence of invasive South American Suckermouth armoured catfishes in many water tanks.

published on : 1st February 2023
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TN seeks support of Kerala, Karnataka for synchronized vulture survey

Tamil Nadu forest department requested the support of Kerala and Karnataka for the synchronized vulture survey scheduled for March in these three states.

published on : 1st February 2023
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Growth rate a worry, economic survey sets next reforms agenda

The Chief Economic Advisor draws a parallel between the last eight years of the Modi government and the reforms it pursued with that of Vajpayee’s between 1998–2004.

published on : 1st February 2023
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UPI accounted for 52% of total digital transactions in FY22: Economic Survey

According to the Economic Survey, on average, between FY19 and FY22 CY, growth in UPI-based transactions in value and volume terms has been 121% and 115%, respectively.

published on : 1st February 2023
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Economic Survey stresses common approach to crypto regulation

The survey also said that international fora like OECD (Organisation for Economic Co-operation and Development) and G20 are discussing a globally coordinated approach to regulate crypto assets.

published on : 1st February 2023
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Economic Survey: Govt spent 2.1% of GDP on healthcare in 2023, tackled Covid with an agile approach

The Survey also said that India's domestic pharmaceutical market is estimated to reach USD 130 billion by 2030, and the pharma industry has sustained its growth momentum after the pandemic.

published on : 31st January 2023
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Economic Survey 2023: Expectations on consumption driving business investment

The survey recognises that India’s growth is dependent on commodity price inflation, global economic growth, and flow of global capital.

published on : 31st January 2023
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Indian firms raise Rs 5.06 lakh cr during Apr-Nov 2022: Economic Survey

Out of the cumulative Rs 5.06 lakh crore garnered, funds totalling Rs 3.92 lakh crore were mopped up from the debt market and Rs 1.14 crore came in through the equity route.

published on : 31st January 2023
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Economic Survey 2023: Realistic than being illustrious

Tabled in the Parliament on Tuesday, the Survey, confirmed the pains of a soul-crushing FY23 and how India withstood the extraordinary set of challenges better than most economies. 

published on : 31st January 2023
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Banks’ asset quality to improve further: Economic Survey

The asset quality of Scheduled Commercial Banks (SCBs) has been improving steadily over the years across all major sectors.

published on : 31st January 2023
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5G services can unleash new economic opportunities: Economic Survey

According to the survey, the Indian Telegraph Right of Way (Amendment) Rules, 2022, will facilitate faster and easier deployment of telegraph infrastructure to enable a speedy 5G rollout.

published on : 31st January 2023
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Indian economy poised to do better, inflation to be well-behaved next fiscal: CEA

CEA V Anantha Nageswaran said the Indian economy is expected to grow faster once global shocks of the pandemic and Russia-Ukraine war fade.

published on : 31st January 2023
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IT-BPM revenues see 15.5 per cent growth in FY22: Economic Survey

All sub-sectors of the IT-BPM industry also showed double-digit revenue growth in FY22. Within the IT-BPM sector, IT services constitute over 51 per cent share.

published on : 31st January 2023
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Start-ups created over nine lakh direct jobs: Economic Survey

Job creation appears to have moved into a higher orbit with the initial surge in exports, a strong release of pent-up demand, and a swift rollout of the capex.

published on : 31st January 2023
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Excise duty cuts moderate retail price of petrol and diesel: Economic Survey

The survey noted that in FY22 and FY23, inflation in WPI of "fuel and power" was mostly driven by high international crude oil prices.

published on : 31st January 2023
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