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The share is currently 1.7% while that of China is 13.2%
Economic Survey makes no mention of demonetisation impact in downgrading its forecast for 2017-18
The twin balance sheet problem was responsible for slowdown in credit growth
Survey remarks that current repo rate of 6% is about 25-75 bps above the neutral rate
Real interest rates too high at 4.7%; Indians holding 20% less cash after demonetisation
Fresh challenges for a stressed industry
Criticism of RBI: Monetary Policy Committee should target inflation better
Survey highlights the detrimental effect of rising renewables over coal-based capacity
It suggests punishing hospitals for raising false claims on treatment
The second edition of the survey has suggested the launch of a pilot project in the next 6 months
Demonetisation impact: Cash sucked out, digital transactions up, tax base expanded
Decline in inflation is impacting economy, which is yet to fully recover
GST has subsumed 17 indirect taxes at the Centre and state level
Survey suggests rationalisation owing to GST subsuming duties
Survey dwells on farm distress, loan waivers, calls for assured irrigation, use of GM seeds
After a rather quite first edition, the second volume of Economic Survey of 2016-17 nailed the negative impact of farm loan waivers in detail and blamed unsual demand drop alongside limited avenues for sale as being the main reasons for the recent distress in agriculture.It pitched for building strong market infrastructure to stop farmers from getting exposed to price risks. The survey which comes against the backdrop of massive agitation of farmers in several parts of the country leading to clamor for waiver of farm loans to save the growers said that managing and reducing the risks in agriculture activities can increase the incomes the incomes, profitability, and ensure stable income flows for farmers.On the recent sharp decline in prices of many farm goods mainly vegetables, the Survey said clearly increased supply led to large declines in prices; but its magnitude was much higher than a similar decline in 2014 as avenues for sale for farmers were limited due to stock limit on ...
Several disinflationary impulses are weighing on India's economic growth
About 35 per cent top management were rated effective in public relations