Finance Minister Arun Jaitley to present Union Budget today
New Delhi, Feb 1 (IBNS): Union Finance Minister Arun Jaitley will present the Union Budget at 11 am on Thursday.
New Delhi, Jan 29 (IBNS): The Chairman of the Economic Advisory Council to the Prime Minister (EAC-PM), Dr. Bibek Debroy has said that the Economic Survey is a reflection of Government’s commitment to growth and development. Highlighting the optimistic outlook of the economy reflected by the Economic Survey, he said the emphasis on women’s empowerment is a welcome step.
Economic Survey: SRS 2013 reveals increase in India's economically active population
New Delhi, Feb 26 (IBNS) The Economic Survey (2015-16) presented at the Parliament on Friday stated that the proportion of economically active population (15-59 years) in India has increased from 57.7 per cent to 63.3 per cent during 1991 to 2013, as per Sample Registration System (SRS) data for 2013.
Economic Survey: India leads in global milk production
New Delhi, Feb 25 (IBNS) The Economic Survey 2015-16 presented in the Parliament on Friday by the Union finance minister Arun Jaitley revealed that India ranks first in global milk production, accounting for 18.5 per cent of world production, with an annual output of 146.3 million tonnes in 2014-15.
Infrastructure growth leads to economic recovery: Economic Survey
New Delhi, Feb 27 (IBNS): The Index of Industrial Production (IIP) suggests that industrial sector is recovering slowly with a 2.1 per cent in April - December 2014-15 over the 0.1 per cent in the same period last year.
Government remains committed to fiscal consolidation; Economic Survey
New Delhi, Feb 27 (IBNS): The Government remains committed to fiscal consolidation. The Economic Survey 2014-15 presented in Parliament Friday states that the deficit target of 4.1% as envisaged in the Budget 2014-15 will be met.
India's National Solar Mission scaled up five fold: Economic Survey
New Delhi, Feb 27 (IBNS): The Economic Survey 2014-15 presented in the Parliament Friday says that India has made considerable progress in tackling climate change issues.
India needs to create additional Fiscal Space: Economic Survey 2014 - 15
New Delhi, Feb 27 (IBNS): India needs to create additional fiscal space in order to ensure macro stability and to create buffers for future economic downturns, says the Economic Survey, tabled in Parliament by the Union Finance Minister, Arun Jaitley here Friday.
Create National Common Market in Agricultural Commodities: Economic Survey
New Delhi, Feb 27 (IBNS): The Economic Survey 2014-15 tabled in Parliament emphasizes on the need for a national common agricultural market and identifies un-integrated and distortion ridden agricultural market as the one of the most striking problems in agriculture growth.
Revive public investment to improve investment climate: Economic Survey 2014-15
New Delhi, Feb 27 (IBNS):To improve the investment climate and reduce the backlog of stalled projects, Economic Survey 2014 – 15, tabled by the Union Finance Minister Arun Jaitley in the Parliament Friday, argues for a three-pronged strategy:
Liquidity conditions balanced: Economic Survey
New Delhi, Feb 27 (IBNS): Economic Survey 2014- 15 tabled in Parliament on Friday states that liquidity conditions (money supply) have remained broadly balanced during 2014-2015 except for some temporary tight conditions due to delayed government expenditure.
New Delhi, Feb 27 (IBNS):The Economic Survey 2014-15 has acknowledged that the Food Subsidy Bill has increased substantially in the past few years putting a severe strain on the public exchequer.
Improvement in Female Literacy in India, says Economic Survey
New Delhi, Feb 27 (IBNS):There has been a marked improvement in female literacy as per Census 2011, according to the Economic Survey 2014-15 presented in Parliament on Friday.
Double-Digit Economic Growth Trajectory now a possibility: Economic Survey
New Delhi, Feb 27 (IBNS) Indian Economy is looking up with brighter prospects amongst the world’s major economies, said the Economic Survey 2014-15 presented by Union Finance Minister Arun Jaitley to the Parliament Friday indicating that a clear political mandate for reform and a benign external environment now is expected to propel India on to a double digit trajectory.
From Carbon Subsidy to Carbon Tax: India's Green Actions
New Delhi, Feb 27 (IBNS) :Economic Survey 2014-15 tabled in Parliament acknowledges the green actions taken by India, including imposing significantly higher taxation of petroleum products and thereby re-energizing the renewable energy sector. India shifted from a carbon subsidization regime to one of significant carbon taxation regime, from a negative price to an implicit positive price on carbon emissions.