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")
Economic Survey 2022-23: Reforms, capital expenditure push to aid growth
Economy seen growing at 6.5% next fiscal year; 'more steps will attract MNCs to set up base in India'
 "Economic Survey 2022-23: Reforms, capital expenditure push to aid growth")
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")
Indian factories growing larger, getting clustered: Economic Survey
Number of persons engaged in larger factories was up 13.7 per cent compared to 4.6 per cent in smaller factories
 "Indian factories growing larger, getting clustered: Economic Survey")
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")
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")
CAD may reach manageable levels in second half of FY23: Economic Survey
This could be owing to cheaper crude oil, resilient net services exports and buoyant inward remittances
 "CAD may reach manageable levels in second half of FY23: Economic 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
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 projects FY24 GDP growth at 6-6.8%, sees investments picking up
Commodity prices will raise total import bill and add to unfavourable developments in current account balance, it says
 "Eco Survey projects FY24 GDP growth at 6-6.8%, sees investments picking up")
India Inc's capex juggernaut on the roll, says Economic Survey 2023
Private capex at Rs 3.3 trillion recovers in first half FY 2023 vs Rs 2.6 trillion in first half of 2022
 "India Inc's capex juggernaut on the roll, says Economic Survey 2023")
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")
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")
Real rural wages expected to rise as inflation eases: Economic Survey
Survey says agriculture needs 'reorientation' in view of new challenges
 "Real rural wages expected to rise as inflation eases: Economic Survey")
Rs 7.3 trn debt settled before initiating insolvency: Economic Survey
However, concerns have lately been raised over declining rates of recovery in comparison to their claims admitted through the IBC mechanism, resulting in large haircuts for lenders
 "Rs 7.3 trn debt settled before initiating insolvency: Economic Survey")
Credit growth to sustain and spark virtuous cycle: Economic Survey
The year-on-year (YoY) growth in non-food bank credit sped up to 15.3 per cent in December 2022, with the credit growth broad-based across sectors, the Survey said
 "Credit growth to sustain and spark virtuous cycle: Economic Survey")
