Page 3 - Latest Updates on Economic Survey
Govt health spend must hit 2.5% of GDP by 2025, says Economic Survey
At the same time, out-of-pocket expenditure as a percentage of total health expenditure has declined from 64.2 per cent in FY14 to 48.2 per cent in FY19
 "Govt health spend must hit 2.5% of GDP by 2025, says Economic Survey")
Eco Survey is assuring; believes we have completely regained lost ground
The Economic Survey 2023-24 is assuring and it affirms that we have completely regained lost ground, says Madan Sabnavis
 "Eco Survey is assuring; believes we have completely regained lost ground")
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")
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
Latest LIVE: 12 dead in massive fire at multi-storey building in Dhanbad
Catch all the latest Budget 2023-24 news and updates here
 "Latest LIVE: 12 dead in massive fire at multi-storey building in Dhanbad")
Economic Survey 2022-23: Indian start-ups exploring reverse-flipping
Suggests simplifying tax layers, capital flow procedures like those in the US, Singapore
 "Economic Survey 2022-23: Indian start-ups exploring reverse-flipping")
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
 "Optimistic outlook")
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")
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")
Digital public infra to contribute 30-50 bps to medium-term growth
The government expects the platform to significantly boost the ease of doing business with secure, paperless, and hassle-free contracts
 "Digital public infra to contribute 30-50 bps to medium-term growth")
Eco Survey presents comprehensive analysis of India's growth trajectory: PM
India's economy is projected to slow to 6.5 per cent in the fiscal year starting April
 "Eco Survey presents comprehensive analysis of India's growth trajectory: PM")
Economic Survey highlights India's diversifying merchandise trade: FIEO
Additional financial support to units generating additional employment in the export sector will also be an incentive for exporters
 "Economic Survey highlights India's diversifying merchandise trade: FIEO")
About 11 mn people trained, 2.14 mn placed under PMKVY 2.0: Economic Survey
The Survey also highlighted that the Pradhan Mantri Kaushal Vikas Yojana (PMKVY) provided training to Shramiks (migrant labourers) affected due to Covid-19
 "About 11 mn people trained, 2.14 mn placed under PMKVY 2.0: Economic Survey")
MGNREGS work demand back to pre-pandemic level, shows Economic Survey
The share of "works done on individual's land" has increased from 16 per cent of the total completed works in 2015-16, to 73 per cent in 2022-23
 "MGNREGS work demand back to pre-pandemic level, shows Economic Survey")
Global finance critical to India's climate actions: Economic Survey
'Enhanced initiatives' by developed countries must be in form of finance, technology transfer, capacity-building
 "Global finance critical to India's climate actions: Economic Survey")
Eco survey 2023: Bright prospects under dark clouds with silver linings
The Economic Survey outlines the underlying framework of reforms in India centred on ease of doing business and ease of living
Economic Survey flags concerns on Crypto, pushes for global regulation
Survey said events such as collapse of crypto exchange FTX have put vulnerabilities of the sector in focus
 "Economic Survey flags concerns on Crypto, pushes for global regulation")
