Moves away from traditional style
Revamped presentation style of the Economic Survey
Says it makes a case for monetary easing and its discussion of the pros and cons of departing from the fiscal consolidation target favours a relaxation
Rich getting undeserved subsidies on account of gold, cooking gas, kerosene, electricity, railway fares, ATF plus the small savings scheme
Weakened global economic outlook, sharp drop in commodity prices and poor corporate earnings have taken a toll on the market performance over the last one year
The index gains nearly one per centThe index gains nearly 1% on positives in Economic Survey on positives in Economic Survey
Global headwinds, local disappointments to keep growth at 7-7.5%; Survey suggests exit policy for firms, wants RBI to ease liquidity & cut rates
If the recommendation is accepted, it would release more than Rs 5 lakh crore from RBI reserves
The Survey said this will be a more effective method of financial inclusion than replacing fertiliser subsidy with cash
Country had a transition from 'socialism with a limited entry to marketism without exit'
Workers can choose between higher take-home and contributing part of salary to EPF
While an import duty is ruled out, a small excise duty on jewellery manufacturing can be on the cards
By March 2019, government is planning to replace 77 crore incandescent bulbs with LED and 3.5 crore conventional streetlights with energy-efficient LED lights
By joining an expanded Trans-Pacific Partnership (TPP) or participating in a comprehensive Free Trade Area of the Asia Pacific (FTAAP) and the country's national income would expand by 4%, or $200 bil
It adds that while policy rates have been reduced substantially with four rate cuts of 125 basis points in 2015, bank lending rates have only fallen by around 50 basis points
Business Standard sums up the Economic Survey 2015-2016 through graphs
The survey lacks the time-bound roadmap to move forward
However, it needs to be emphasised that global finance is a critical enabler for the scaled up climate action plans, the survey said