Page 47 - Budget 2025 News
Eco Survey: Formalisation of economy increased corporate tax collection
The corporate income tax registered a growth of 90.4 per cent over April-November 2020 and 22.5 per cent over April-November 2019
 "Eco Survey: Formalisation of economy increased corporate tax collection")
Economic Survey: Number of space start-ups double in 2021
Two-thirds of India's space start-ups have been added in the last two years
 "Economic Survey: Number of space start-ups double in 2021")
Economic Survey: Food subsidies grew by 400% to Rs 5.25 trn
The steep rise in food subsidy bill was on account of Pradhan Mantri Garib Kalyan Ann Yojana introduced as part of the Economic Response to Covid-19
 "Economic Survey: Food subsidies grew by 400% to Rs 5.25 trn")
Economic Survey propagates policy agility amid pandemic-induced uncertainty
Highlights govt's 'Barbell Strategy' to offer a bouquet of safety-nets to cushion impact on vulnerable sections/business, with a flexible response that uses feedback-loops with real-time adjustments
 "Economic Survey propagates policy agility amid pandemic-induced uncertainty")
Economic Survey: Trajectory of tourism remains uncertain due to Omicron
The trajectory of the tourism sector, especially international tourism, remains uncertain due to the spread of the Omicron variant of COVID-19, according to Economic Survey 2021-22.
 "Economic Survey: Trajectory of tourism remains uncertain due to Omicron")
Economic Survey: Climate finance, resource mgt key to Climate adaptability
While it lauded commitments made by India at COP26 global climate conference, it also made a note about the pace of investment in net-zero emission planning
 "Economic Survey: Climate finance, resource mgt key to Climate adaptability")
Economic Survey: Carmakers saddled with backlog of over 700,000 orders
Carmakers are saddled with a backlog of over 7 lakh orders as of December 2021, due to the the shortage of semiconductors, according to the Economic Survey.
 "Economic Survey: Carmakers saddled with backlog of over 700,000 orders")
Economy Survey: Resilient agriculture sector growth at 3.9% in 2021-22
Agriculture and the allied sector proved to be the most resilient to the Covid-19 shock as it registered a growth of 3.6 per cent in 2020-21 and improved to 3.9 per cent in 2021-22
 "Economy Survey: Resilient agriculture sector growth at 3.9% in 2021-22")
Top headlines: Eco Survey sees 8%-8.5% FY23 GDP growth; NINL sale cleared
Business Standard brings you the top headlines on Monday
 "Top headlines: Eco Survey sees 8%-8.5% FY23 GDP growth; NINL sale cleared")
Economic Survey: Fertiliser subsidy touches Rs 85,300 cr in Apr-Dec FY22
Out of the total fertiliser production, urea output was at 18.7 million tonne, Di Ammonium Phosphate (DAP) at 3 million tonne and complex fertilisers at 6.8 million tonne
 "Economic Survey: Fertiliser subsidy touches Rs 85,300 cr in Apr-Dec FY22")
Economic Survey: Significant acceleration in formalisation of the job mkt
An analysis of the latest EPFO data suggests a significant acceleration in formalisation of the job market, driven by both new formal jobs and formalisation of existing jobs
 "Economic Survey: Significant acceleration in formalisation of the job mkt")
Economic Survey: 2nd Covid wave impact on GST much more muted than first
The impact of the second wave of Covid-19 on GST collection was much more muted than the impact of the nationwide lockdown during the first wave, The Economic Survey for 2021-22 noted.
 "Economic Survey: 2nd Covid wave impact on GST much more muted than first")
Eco Survey: Gross FDI inflows moderated to $54.1 bn during Apr-Nov 2021
Net foreign direct investment recorded a lower inflow of USD 24.7 billion and the gross FDI moderated to USD 54.1 billion in April-November 2021 due to sluggish equity investment, the Eco Survey said
 "Eco Survey: Gross FDI inflows moderated to $54.1 bn during Apr-Nov 2021")
Economic Survey: Farm credit over Rs 7.36 trn disbursed in H1 of FY'22
Farm credit worth over Rs 7.36 trn has been disbursed to farmers during the first six months of the 2021-22 fiscal year, according to the Economic Survey.
 "Economic Survey: Farm credit over Rs 7.36 trn disbursed in H1 of FY'22")
Economic Survey: India sees 25% growth in steel output during Apr-Oct FY22
India's crude steel production increased 25 per cent year-on-year to 66.91 million tonne during April-October period of 2021-22, according to the Economic Survey.
 "Economic Survey: India sees 25% growth in steel output during Apr-Oct FY22")
Economic Survey: Govt skill programme could place only one in 6 candidates
PMKVY 3.0 has had the worst track record, with only 3.6 per cent placement under the scheme
 "Economic Survey: Govt skill programme could place only one in 6 candidates")
Economic Survey: India on track to meet FY22 fiscal deficit target
India will comfortably meet its fiscal deficit FY22 target on the back of a strong rebound in revenues, said the Economic Survey 2021-22
 "Economic Survey: India on track to meet FY22 fiscal deficit target")
Eco Survey: To achieve $5-trn GDP by FY25, need to spend $1.4 trn on infra
In order to achieve USD 5 trillion GDP by FY'25, India needs to spend about USD 1.4 trillion over this period on infrastructure, according to the Economic Survey
 "Eco Survey: To achieve $5-trn GDP by FY25, need to spend $1.4 trn on infra")
Economic Survey: Namami Gange expenditure only half of budgeted outlays
Sewage treatment capacity during the last eight years has been scaled up ten times
 "Economic Survey: Namami Gange expenditure only half of budgeted outlays")
Economic Survey: Indian aviation sector has started to rebound
The Indian aviation sector has started to rebound with accelerated pace of Covid-19 vaccine roll-out and easing of travel restrictions globally, stated the Economic Survey released on Monday
 "Economic Survey: Indian aviation sector has started to rebound")
