Page 19 - Budget 2025 News

Entirely dismantle licensing, inspection and compliance regime: Eco Survey

The government, however, imparted a new dimension to these reforms in the last eight years

Promoting int'l trade in rupee to help reduce currency volatility: Survey

International settlement in rupee acquires significance against the backdrop of the US Federal Reserve aggressively hiking the policy rates and its hawkish stand

Prez's address not enough to satisfy poor, jobless: BSP supremo Mayawati

BSP supremo Mayawati on Tuesday said the claims made by President on behalf of the Centre in Parliament are not enough to console people who suffer from poverty, inflation and unemployment

Global economic factors, recessionary fears led to FPI sell-off: Eco Survey

In addition, investors were sitting on gains from Indian stocks that could be realised to offset losses elsewhere, the survey noted

Finance costs, global demand near-term hurdles for auto sector: Eco Survey

Among structural issues, increase in long-term third-party vehicle insurance premiums has spiked total upfront insurance cost by 10-11%, especially for two-wheelers

PLI scheme to make Indian firms competitive, attract investment: Survey

The strategy behind the scheme is to offer companies incentives on incremental sales from products manufactured in India, over the base year

Eco Survey LIVE: GDP will rise to 8% if global economy recoups, says CEA

Catch all the latest updates on Economic Survey for 2022-23 and Budget 2023-24 here

Demat accounts rise 39% to 106 million in Nov 2022: Economic Survey

Market experts attributed the growth in demat to attractive returns from the equity markets, ease of account opening process and increased financial savings

India set to become one of fastest growing insurance mkts: Economic Survey

Survey says with Ukraine war weighing on Europe, insurance industry growth in emerging markets is likely to outpace that in the developed markets this year, with emerging Asia in the lead

Covid-19 vaccination: India may have won a major battle, says Eco Survey

97% of the country's eligible beneficiaries have been given at least one dose, while 90% have got two doses

Eco Survey paints a bright medium-term outlook after an unpredictable year

It says once the global shocks of the pandemic and 2022's unpleasant spike in commodity prices fade away, the Indian economy is likely to record a faster growth during the rest of this decade

Manufacturing landscape shows uneven growth across categories: Eco Survey

As companies adapt their manufacturing and supply chain strategies to build resilience, India has a unique opportunity to become a global manufacturing hub this decade

Labour markets, employment recover beyond pre-Covid level: Economic Survey

The LFPR for males has gone up to 57.5 per cent in 2020-21, as compared to 55.6 per cent in 2018-19

Rising domestic demand, capital investment to aid growth in FY24: Survey

A slower growth in economic output coupled with increased uncertainty will dampen trade growth

Highway construction up from 6,061 km in FY16 to 10,457 km in FY22: Survey

In FY23 (until October 2022), a total of 4,060 km of NHs and roads were constructed, which was around 91 per cent of the achievement in the corresponding period of the previous financial year

Housing prices beginning to firm up after two-year Covid hiatus: Eco Survey

The release of "pent-up demand" was reflected in the housing market, as demand for housing loans picked up, the Survey noted

Indian farm sector performed well, but needs re-orientation: Eco Survey

The Survey said this growth is partly attributable to good monsoon years and partly to the various reforms undertaken by the government to enhance agricultural productivity

Disinvestment proceeds of Rs 4.07 trn realised in last 9 years: Eco Survey

The Survey said that determined efforts should be taken to make the public sector asset monetisation scheme successful in realising wide-ranging efficiency gains

EV market likely to cross 10-mn sales mark per annum by 2030: Eco Survey

The pre-Budget document also highlighted that the automobile sector is a key driver of India's economic growth

Political parties seek early end to first half of Budget session: Joshi

Leaders of different political parties on Tuesday urged Lok Sabha Speaker Om Birla to adjourn the first half of the Budget session on February 10 instead of February 13, Pralhad Joshi said