Page 2 - Latest Updates on Economic Survey
Indian firms raise Rs 5.06 trn via equity, debt during Apr-Nov 2022: Survey
According to the survey, overall, India's capital market had a good year in FY23 though global macroeconomic and financial market developments exercised some influence
 "Indian firms raise Rs 5.06 trn via equity, debt during Apr-Nov 2022: Survey")
Steady decline in school dropout rate, increase in enrolment: Eco Survey
The survey stated that the improvement in the number of schools, teachers' availability and facilities in schools is expected to help improve enrolment and reduce dropout
 "Steady decline in school dropout rate, increase in enrolment: Eco Survey")
Govt procurement portal GeM catching up with Amazon, Flipkart: Eco Survey
GeM CEO P K Singh had earlier stated that going by the trend, the numbers may reach Rs 1.80 lakh crore by the end of this fiscal
 "Govt procurement portal GeM catching up with Amazon, Flipkart: Eco Survey")
India needs carefully crafted multi-dimensional mineral policy: Eco Survey
The country has resources of nickel, cobalt, molybdenum and heavy REEs, but further exploration would be required to evaluate the quantities of their reserves
 "India needs carefully crafted multi-dimensional mineral policy: Eco Survey")
Prompt measures by govt, RBI contained inflation: Economic Survey
A rising phase up to April 2022 when it crested at 7.8 per cent, then a holding pattern at around 7 per cent up to August 2022 and then a decline to around 5 per cent by December 2022
 "Prompt measures by govt, RBI contained inflation: Economic Survey")
Economic Survey: GDP growth expected to reduce, but govt finances improving
Private investment is picking up, and IT services exports remain resilient
 "Economic Survey: GDP growth expected to reduce, but govt finances improving")
Telangana logged highest inflation in FY23, reveals Economic Survey
The report also shows that the inflation in rural Telangana was 9.2 per cent while it was 8.3 per cent in the urban areas
 "Telangana logged highest inflation in FY23, reveals Economic Survey")
Economic Survey primer: Here are short notes on key economic policy issues
A few nuggets from the survey - recouping what was lost, and re-energising what had slowed down
 "Economic Survey primer: Here are short notes on key economic policy issues")
Eco Survey: FDI, IPOs, simplified rules may accelerate M&As in insurance
The Survey points out that the highly competitive sector is already witnessing M&As as insurers have huge opportunities and volume to co-exist in the space
 "Eco Survey: FDI, IPOs, simplified rules may accelerate M&As in insurance")
Economic Survey 2022-23: Industry and services regaining momentum
Gross value added in the industrial sector posted a strong upturn, registering a growth rate of 3.7 per cent in H1, FY23, higher than the average growth of 2.8 per cent in H1 of the last decade
Economic Survey: Start-up jobs increase 6x even as funding declines
Tracxn data shows that investments in domestic start-ups declined by 38.8% to $25.8 bn in 2022
 "Economic Survey: Start-up jobs increase 6x even as funding declines")
India vows to remain committed to net zero, yet defends use of fossil fuels
While the Survey documented India's position with respect to carbon emissions, it was silent on a domestic problem caused in part by coal burning: air pollution
 "India vows to remain committed to net zero, yet defends use of fossil fuels")
Economic Survey: Non-fossil fuel energy capacity expected to triple by FY30
To achieve target for installed capacity, it will have to grow at CAGR of 16.25%
 "Economic Survey: Non-fossil fuel energy capacity expected to triple by FY30")
Optimistic outlook
Higher growth will need more reforms
Budget 2023: Tax sops, fiscal consolidation tight rope walk for Sitharaman
But all this she has to do while staying on the course of the fiscal consolidation path
 "Budget 2023: Tax sops, fiscal consolidation tight rope walk for Sitharaman")
Great potential in civil aviation sector; air travel rebounded: Eco Survey
With the containment of Covid-19 infections and the lifting of travel restrictions worldwide, the survey said, air travel has rebounded
 "Great potential in civil aviation sector; air travel rebounded: Eco Survey")
A realistic survey of the Indian Economy
The upshot of the above figures is that despite being faced with a highly challenging external environment this year, overall, the India economy will emerge from it relatively unscathed
Public-private synergy set to boost climate-resilient infra: Eco Survey
This also comes as India has been trying to crowd in private investment for infrastructure ever since the onset of Covid-19 in 2020
 "Public-private synergy set to boost climate-resilient infra: Eco Survey")
Economic Survey: Labour markets, employment back to pre-pandemic levels
The Survey highlighted the measurement issues in calculating female LFPR
 "Economic Survey: Labour markets, employment back to pre-pandemic levels")
India's nominal GDP to reach $3.5-trn mark by March-end: Economic Survey
India's economy crossed the $3 trillion mark last year
 "India's nominal GDP to reach $3.5-trn mark by March-end: Economic Survey")
