Page 17 - Budget 2023 News

Real rural wages expected to rise as inflation eases: Economic Survey

Survey says agriculture needs 'reorientation' in view of new challenges

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

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

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

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

Upside risks to CPI inflation likely to outweigh downside risks: Eco Survey

The Survey, which was tabled in Parliament on Tuesday by Finance Minister Nirmala Sitharaman, noted that India's inflation management is 'noteworthy' and can be contrasted with advanced economies

Economic Survey: Labour markets, employment back to pre-pandemic levels

The Survey highlighted the measurement issues in calculating female LFPR

Latest LIVE: 12 dead in massive fire at multi-storey building in Dhanbad

Catch all the latest Budget 2023-24 news and updates here

Day ahead of Budget, FinMin reports robust GST mop up of Rs 1.56 trn in Jan

The figure amply indicates that tax revenues are likely to remain strong in 2022-23, and may help the Centre retain the 6.4% fiscal deficit target for the current financial year

Budget measures key trigger for consumer durable firms battling high prices

Any proposal to boost manufacturing, demand would help sector and listed companies

Economic Survey 2022-23: Indian start-ups exploring reverse-flipping

Suggests simplifying tax layers, capital flow procedures like those in the US, Singapore

State budgets are spending more, putting in more money for development

Centre's expenditure on non-development categories like salaries, pensions payments has increased

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%

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

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

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

Ahead of budget, 13 states raise Rs 25,800 cr in debt capital from markets

The latest auction is 9 per cent higher on-year basis but was 19 per cent lower than indicated for this week in the auction calendar, according to a note by Icra Ratings

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

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

Budget cues: Higher public capex, more PLIs and relief for MSMEs

The Survey stresses on the formula which has kept India's economic growth ahead of its peers, and the Budget may just follow suit