Union Budget 2023 | What comprises Economic Survey?
Budget | January 31, 2023 7:27 ISTThe country's annual economic development and short- and medium-term economic prospects are outlined in the Economic Survey.
The country's annual economic development and short- and medium-term economic prospects are outlined in the Economic Survey.
The department, which is responsible for ensuring safe drinking water to people in these affected districts, has started drilling deepwater bore wells.
Taking a dig at the government, he said that it took two years "to go back to where we were on March 31, 2020."
Under the Pradhan Mantri Gram Sadak Yojana (PMGSY), a total of 1,82,506 roads measuring 7,82,844 km and 9,456 long span bridges (LSBs) have been sanctioned and 1,66,798 roads measuring 6,84,994 km and 6,404 LSBs have been completed till January 18, 2022, the SUrvey noted.
It revealed that the number of unsold residential units have also witnessed significant drops during the second wave of the pandemic.
While earnings from goods carried stood at Rs 11,5738.4 crore, passengers earnings stood at Rs 15,248 crore.
The government earlier this month handed over ownership rights in national carrier Air India to Tata Group for Rs 18,000 crore. The amount includes the takeover of the debt burden of Rs 15,300 crore and another Rs 2,700 crore in cash.
The Indian economy is estimated to grow by 9.2 percent in real terms in 2021-22 (as per first advanced estimates) subsequent to a contraction of 7.3 percent in 2020-21, according to Economic Survey 2022.
The country crossed the milestone of administrating more than 156 crore doses of vaccines on January 16, 2022.
The Economic Survey 2021-22, details the state of different sectors of the economy as well as reforms that should be undertaken to accelerate growth.
The Indian economy is projected to grow at 11 per cent in the current financial year amid the "strong" vaccine drive, said ADB on Wednesday, while cautioning that the recent surge in COVID cases may put the country's economic recovery at "risk".
The growth rate in Bihar in 2019-20 fiscal has been recorded at 10.5 per cent while it was 4.2 at the national level during the period, the Economic Survey 2020-21 introduced in the state legislative assembly during the day said.
The private sector has always been output driven, which is no wrong and the phrase very closely related to Research and Development is 'Trial and Error'.
Amid raging protests over new farm laws, the government's pre-Budget state of economy document on Friday went the extra mile to list benefits of the three contentious laws, saying that besides giving market freedom, they will help raise incomes of small and marginal farmers.
India has emerged as one of the largest countries for flexi-staffing or gig and platform workers, as e-commerce platforms created massive opportunities amid the pandemic, according to the Economic Survey 2020-21.
The Economic Survey reaffirms that the worst is behind us and the economy would bounce back with a V-shaped recovery after being hit hard by the COVID-19 pandemic, India Inc said on Friday.
Onion prices had skyrocketed to as high as Rs 100 per kg in the retail markets few months back, forcing the government to ban exports, allow imports and impose stock limits. The exports curbs have been lifted now with softening of prices.
The contraction in FY21 is mainly due to coronavirus (Covid-19) pandemic and the visible damage caused by the subsequent countrywide lockdown to contain it.
The document which was tabled by Finance Minister Nirmala Sitharaman in the Lok Sabha in its debt simulations for worst-case debt analysis assumed the contraction at (-) 7.7 per cent.
The Economic Survey 2020-21, authored by a team led by Chief Economic Adviser Krishnamurthy Venkata Subramanian, details the state of different sectors of the economy as well as reforms that should be undertaken to accelerate growth.
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