Page 18 - Budget 2025 News

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

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

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

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

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

Budget 2023: Experts expect a boost to decarbonisation, energy transition

Issues that need to be addressed include expanding funding for renewable manufacturing, extending PLI to wind and green hydrogen, among others

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

Green hydrogen crucial for economic development, energy security: Survey

The mission will facilitate demand creation, production, utilisation and export of green hydrogen and mobilisation of over Rs 8 lakh crore of investments by 2030

GST led to high tax buoyancy, augurs well for resource mobilisation: Survey

However, the buoyancy improved to 1.1 after the GST implementation on July 1, 2017

Rollout of 5G services can unleash new economic opportunities: Eco Survey

Telecom reforms and clear policy direction led to the spectrum auction of 2022 garnering the highest-ever bids, the survey observed

Adequate, affordable finance a constraint in climate action: Eco Survey

"India's climate ambitions require resources to be dedicated to the cause of climate change, in addition to, what is needed for the country's development goals," the survey said

Enhanced domestic coal production to replace imports: Economic Survey

Coal production in FY23 is likely to increase to 911 million tonne, about 17 per cent higher compared to the previous year