In the two years of the IBC, real estate was the top sector, with 20 per cent of the insolvency cases being registered
Survey skilfully marshals fresh arguments for timeless policy
CEA suggests cutting down on holidays for Supreme Court, High Courts, using technology such as AI for all courts
The Survey praised the government's performance on the provision of certain last-mile goods, combined with behavioural changes
The Survey advocated creating a real-time data base of rural distress, using the MGNREGS job demand data
This is an important insight into price situation in the economy, especially when inflation in health and education was more than the average general CPI
Economic Survey indicates an increase in spending by households on these, compared to necessities
The data from the NSO shows the share of food and beverages has reduced from 33.2 per cent of private consumption in 2011-12 to 30 per cent in 2017-18 - a reduction of over three percentage points
It warned that if the impact of the stress in the NBFC sector spilled over this year, it might lead to lower credit offtake from NBFCs
This savings behaviour also gives a key degree of freedom to policymakers as the savers and the borrowers can be disentangled
It also suggested a re-look at capital gains tax, levied on profits from the sale of shares in unlisted companies
The government would be able to improve targeting in welfare schemes and subsidies by reducing errors, the Survey said
The investment cycle can be kick-started by public spending, which can crowd-in private spending
The Survey establishes the primary role of savings in driving growth and calls for pushing up savings rates in order to enable an investment cycle funded from domestic resources
The Survey explicitly addresses the issue of a high investment rate substituting labour
Supports Code on Wages Bill, approved by Cabinet on Wednesday, to rationalise minimum wages; calls present system complex, with 1,915 wages for various job categories across states
The critical external debt indicators reflect that India's external debt is not unsustainable
A key reason for waning private sector interest in the sector could be excessive regulations and control in the sector
While large firms create permanent jobs in large numbers, according to the survey, young firms create more jobs at an increasing rate than older firms
After falling for close to a decade since 2008, India's investment had turned the corner since the first quarter of 2017-18