Home » Government Policy News » Economic Survey Advertisement India to borrow $55.6 bn in first six months of 2011-12 New Delhi, March 25: The Indian government said today it would borrow Rs.2.5 lakh crore ($55.6 billion) in April-September period, which is 60 percent of the total budgeted market borrowings fo.... 50 percent infrastructure projects delayed: Economic Survey New Delhi, Feb 25: Progress on key infrastructure projects, especially roads, power and railways, has not been satisfactory as more than half the central projects have been delayed, resulting i.... India's external debt rises to $273.1 billion Mumbai, Oct 13: India's external debt rose 4.1 percent or $10.8 billion to $273.1 billion in the first quarter of current fiscal due to a sharp increase in short-term trade credits, commerc.... Rising food prices biggest concern for Indians: Survey New Delhi, July 25: Rising food prices is the biggest concern for people in the country, says a survey released today. The Nielsen Company survey found that the concern over increasin.... India suggests staggered fiscal exits for countries Washington, June 23: Indian Finance Minister Pranab Mukherjee has suggested that as nations recovering from global recession undertake fiscal consolidation, fiscal exits could be staggered and .... Disinvestment norms for public sector eased New Delhi, May 26: The Indian government today gave its nod to the appointment of merchant bankers and intermediaries to ensure smooth handling of disinvestment in state-run enterprises. Group of ministers to consider caste-based census New Delhi, May 26: The cabinet today referred to a group of ministers the demand for conducting caste-based census. "The cabinet has accorded in principle approval to referring th.... Prices of wheat, rice steady, sugar declines: Government New Delhi, April 30: Prices of wheat and rice largely remained steady or declined while sugar continued to decline at most places across India over the week ending on Thursday, the government s.... No new taxes in Maharashtra budget, but debt could rise Mumbai: Maharashtra Finance Minister Sunil Tatkare on Thursday unveiled a budget free of additional taxes and levies on the common man. However, the Rs.7,654 crore revenue-deficit bud.... Government will use food stocks to soften prices: Montek New Delhi: Planning Commission Deputy Chairman Montek Singh Ahluwalia today said food inflation continues to be matter of worry and the government would use food stocks to soften prices when re.... India to be fastest growing economy by 2018: Economist New Delhi: India is the second largest growing economy after China, but it will overtake its neighbouring country by 2018, the Economist Intelligence Unit (EIU), the research arm of London-base.... Fiscal consolidation must for sustainable growth: Pranab Mumbai: Finance Minister Pranab Mukherjee on Saturday said the current economic growth would not be sustainable without fiscal consolidation. "Without fiscal consolidation the growth which .... Bihar shining, says economic survey Patna: It is official now. Bihar is changing fast, and shining with a high growth rate for the first time in the post-independence era, says the latest Bihar economic survey for 2009-10. 'Bharat Nirman' houses to be doubled: Economic survey New Delhi: The Congress-led United Progressive Alliance (UPA) government has proposed to double the target of houses in rural areas to be built across the country under its flagship Bharat Nirm.... India needs 6,800 more hospitals, NRHM has many glitches: Survey New Delhi: India needs over 6,800 more hospitals in rural areas to provide basic health facilities to people, the annual Economic Survey released today said. The survey also said that several g.... Survey finds major glitches in rural health programme New Delhi: India's flagship health scheme - National Rural Health Mission - has done some good work but it needs to iron out many glitches, including those in allocation to states to better.... More than 500,000 jobs added in second quarter: Economic Survey New Delhi: The job market in India made a significant recovery during the second quarter of this fiscal with employment up by 500,000 against a cut of 131,000 in the country's employed work.... Highlights of the Economic Survey New Delhi: Following are the highlights of the annual Economic Survey for the current fiscal tabled by the Finance Minister Pranab Mukherjee in the Lok Sabha today: - Gross domestic p.... Increase in coal, crude and power: Economic Survey New Delhi: There is good news on India's energy front, with the Economic Survey recording an increase in the coal and crude production, coming down of power peak deficit, and a slowdown in .... Reservoir levels low after less rains in 2009: Survey New Delhi: Water available in the country's reservoirs fell by over 23 billion cubic meters (BCM) after last year's deficit monsoon, which was even lesser than a 10 year average, said t.... Liberalise FDI policy in health insurance: Survey New Delhi: The economic survey for the current fiscal has favoured liberalising foreign direct investment (FDI) policies in services like health insurance, rural banking and higher education. .... Scope for introduction of catastrophe bonds New Delhi: There is scope for introduction of catastrophe bonds in the Indian capital market and it is an area that needs focus in the future, according to the Economic Survey laid in parliamen.... India's growth encouraging, inflation major worry: Survey New Delhi: Projecting India's growth at over 8.25 percent next fiscal and at double-digit rates by 2015, the country's Economic Survey conveyed its concern over rising prices and called.... Infrastructure bottlenecks main roadblock in Indian industry's growth New Delhi: The outlook for Indian industry has brightened for the medium term but infrastructure bottlenecks, particularly in energy and roads, remain the constraining factors for stepping up g.... Rs.1,300 crore spent on 'quality' education of SC students New Delhi: The government is committed to the welfare of the marginalized sections of society through public-private partnerships for economic and social development, says the Economic Survey f.... India to emerge from global economic crisis with stronger growth Washington: With sound economic policies, India, Bangladesh and Bhutan are expected to emerge from the global economic crisis with stronger growth performances in South Asia, according to a Wor.... New criteria to identify BPL families soon: Minister Agartala: The central government will soon announce new criteria for identifying Below Poverty Line (BPL) families, V. Narayanasamy, minister of state for planning and parliamentary affairs, sa.... Andhra Pradesh's fiscal position grim: Governor Hyderabad: Andhra Pradesh Governor E.S.L. Narasimhan has said the state's fiscal position is grim, as the revenue growth rate fell to 5 percent in the first nine months of the current fisca.... Six core sectors grow 6 percent in December New Delhi: Key sectors of the economy grew 6 percent in December against 5.3 percent the previous month, and 4.8 percent during April-December 2009, official data released today said. .... Chief economic adviser expects 7.8 percent GDP growth Kolkata: India's chief economic adviser Kaushik Basu expects a gross domestic product (GDP) growth of 7.5-7.8 percent this fiscal. "Looking at the remarkable recovery of GDP i.... Reserve Bank made credit system sensitive to farmer needs: PM New Delhi: Prime Minister Manmohan Singh today praised the Reserve Bank of India (RBI), saying the central bank had made the national credit system more sensitive to the needs of the rural popu.... India will quickly return to 9-10 percent growth: PM New Delhi: Prime Minister Manmohan Singh today told overseas Indians that India will quickly return to a sustained high growth path of 9-10 percent and sought new avenues of partnership with th.... Finance minister meets industry representatives New Delhi: Finance Minister Pranab Mukherjee today kicked-off his consultations with the captains of the Indian industry as part of the annual work out before presenting the country's budge.... 13th Finance Commission submits report to president New Delhi: The 13th Finance Commission constituted to determine the distribution of tax revenues between the central government and the states today submitted its report to President Pratibha P.... Poverty declined after reforms in India: PM Bhubaneswar: The economic reforms have helped in reducing poverty in India, Prime Minister Manmohan Singh said on Sunday. He, however, admitted to there being "some arguments that reforms h.... Indian economy can grow 9 percent next fiscal: Ernst and Young New Delhi: The Indian economy could grow at 9 percent next fiscal, helped by a rise in domestic demand and higher industrial output, even as high fiscal deficit remained an area of concern, sai.... New tax regime should last 50 years: Finance minister New Delhi: The government today said it would bring in the new direct tax code only after consulting and reviewing suggestions from taxpayers and the corporate sector to ensure the new taxation.... Government to conduct survey to assess rural steel demand New Delhi: Steel Minister Virbhadra Singh today said his ministry would start a nationwide survey to assess rural steel consumption and demand. "The survey will cover all states.... No need to hike fuel prices, suggests PM's panel New Delhi: The Prime Minister's economy advisory panel today said there was no need to hike fuel prices if global prices remained between $70 and $75 (Rs.3,150-Rs.3,375) a barrel, equal to .... PM's panel calls for special focus on agri, power sectors New Delhi: The Prime minister's Economic Advisory Council today recommended that the agriculture and power sectors should be given special focus in the next few years. "Over t.... PM's panel calls for special focus on agri, power sectors New Delhi: The Prime minister's Economic Advisory Council today recommended that the agriculture and power sectors should be given special focus in the next few years. "Over t.... PM's economic council projects 6.5 percent growth New Delhi: The Prime Minister's Economic Advisory Council today projected a lower growth of 6.5 percent for the Indian economy during the current fiscal year due mainly to a two-percent dec.... Decision on month-wise inflation data likely on Monday New Delhi: The government on Monday is expected to take a decision on releasing inflation data on a monthly basis instead of week-wise as is done currently, a senior commerce ministry official .... Punjab reeling under financial crunch: Amarinder Singh Chandigarh: Punjab's former chief minister Amarinder Singh on Oct 1 accused the Akali-government of various corrupt practices and for leading the state into extreme financial crunch. Poor monsoon could hit India's growth: Planning board chief New Delhi: The erratic monsoon could hit India's economic growth this year, but the country has enough food stocks to counter inflationary pressures, Planning Commission Deputy Chairman Mon.... India to soon return to 9 percent growth path: PM New Delhi: Prime Minister Manmohan Singh today expressed confidence that the Indian economy will rebound by the end of this year and once again enter a high growth path. "Going ba.... Create effective mechanism to deal with delayed monsoon: CII New Delhi: The Confederation of Indian Industry (CII) has come up with a five-point agenda to counteract the effect of delayed monsoon on the economic growth. In a statement issued he.... Budget session was most productive: Congress New Delhi: The Congress today said the budget session of the 15th Lok Sabha that concluded last week was one of the most productive sessions of parliament. "This was one of the mo.... Bills passed during parliament's budget session New Delhi: The following bills were passed during the first budget session of the 15th Lok Sabha that ended today: - The Metro Railways (Amendment) Bill, 2009 (Provides for extending .... Stimulus measures showing results: Mukherjee New Delhi: Finance Minister Pranab Mukherjee on Wednesday told the Rajya Sabha that the result of the stimulus measures have started showing results with recovery in many sectors. "The stim.... Fiscal deficit to be brought under control: Ahluwalia New Delhi: The government is determined to bring the fiscal deficit under control, Planning Commission Deputy Chairman Montek Singh Ahluwalia said here on Tuesday. Addressing economists at a se.... Global Inc. may get larger share of Indian defence pie New Delhi: India is expected to issue by the end of this year a notification to increase foreign equity in defence production to 49 percent from the current 26 percent, a senior official said. .... BJP wants govt to bear 75 percent of crop insurance Ranchi: Bharatiya Janata Party (BJP) president Rajnath Singh today said the central government should bear 75 percent premium of the crop insurance cover for farmers to help them overcome droug.... Economic Survey urges for PAIS New Delhi: The government must have a public accountability information system (PAIS) with internet access that would give information about funds allocated and expenditure along with names of .... Shortage of 28,000 health centres in India: Economic Survey New Delhi: There has been an improvement in the health sector but India faces a shortage of over 28,000 health centres, the Economic Survey 2008-09 said today. "There is a shorta.... Exports outlook for 2009 not encouraging: Economic Survey New Delhi: Indian exports could continue to remain subdued this year amid a dismal outlook for the trade sector and world trade volume output set to decline by 11 percent, the Economic Survey f.... Economic Survey calls for new investment environment New Delhi: After the high growth cycle that followed the economic reforms of 1990s, India should now bring in sweeping changes in its investment climate for the next stage of growth, the Econom.... New pension system to be offered to more segments Chennai: Expressing satisfaction over pension sector reforms, the government in its Economic Survey 2008-09 has said the new pension system (NPS) will be offered to more segments. &#.... Climate change costs India over 2.6 percent of GDP: Economic Survey New Delhi: India is now spending over 2.6 percent of its gross domestic product to adapt to climate change, says the country's annual Economic Survey, tabled in parliament today by Finance .... Economic Survey calls for banking, market liberalisation New Delhi: The Economic Survey for 2008-09 tabled today has called for banking and financial market reforms, including increasing foreign investment in banks in a phased manner and lifting of b.... Highlights of Economic Survey 2008-09 New Delhi: Salient features of a wish list in the Economic Survey for 2008-09 released by Finance Minister Pranab Mukherjee in parliament today: - Cut fuel, food and fertiliser subsi.... Over 1 lakh more seats allocated to foreign airlines New Delhi: The government allocated 105,298 additional seats per week to foreign carriers on a reciprocal basis last year and would continue doing so this fiscal to enable greater connectivity,.... Reform taxes, cut subsidies, says Economic Survey New Delhi: Introducing a new income tax code, reforming existing tax structure and duties, slashing subsidies on fuel, fertilisers and food were some of the measures suggested by the Economic S.... Industrial recovery underway: Economic Survey New Delhi: Indicating that an industrial recovery is underway, India's Economic Survey for 2008-09 said today that the industry has "weathered the most severe part of the shock". <.... Highlights of Economic Survey 2008-09 New Delhi: Salient features of the Economic Survey for 2008-09 released by Finance Minister Pranab Mukherjee in parliament today: Cut fuel, food and fertiliser subsidies Rai.... Decontrol petrol and diesel prices: Economic Survey New Delhi: India's Economic Survey for 2008-09 tabled in parliament today has called for decontrolling petrol and diesel prices "at the earliest" even as the opposition protested th.... India's Economic Survey calls for sweeping reforms New Delhi: Suggesting some sweeping reforms in areas like foreign direct investment, divestment, taxation and the subsidy regime, India's Economic Survey says the country can achieve 7.75 p.... Vice President Ansari calls for rebuilding Kashmir economy Srinagar: Vice President Mohammad Hamid Ansari today said here the economy of Jammu and Kashmir, devastated by two decades of militancy, needed to be reconstructed. Addressing the 17t.... India fought global financial crisis well: PM On Board Air India One: With the Indian economy showing signs of recovery, Prime Minister Manmohan Singh today said the country had borne the global downturn "well" and called for a new.... BRIC has potential to lead economic growth: PM New Delhi: Global economic recovery was closely linked to the success of the economies of the four BRIC countries (Brazil, Russia, India and China), Prime Minister Manmohan Singh said today bef.... India's industrial sector will continue to improve: Moody's New Delhi: The rise in India's industrial production in April points to stabilisation of the industrial sector, which will continue to grow in coming months, says the economic intelligence .... President charts Govt's 5 year economic agenda New Delhi: President Pratibha Patil today outlined the United Progressive Alliance (UPA) government's broad agenda for the next five years, with economic revival, infrastructure development.... India to revisit infrastructure projects: Mukherjee New Delhi: Promising enhanced spending on infrastructure projects, Finance Minister Pranab Mukherjee today said all such ongoing projects will be revisited, and recalibrated when required, to a.... Economic issues to top government agenda New Delhi: With the mandate for the Congress party-led United Progressive Alliance (UPA) clearly in favour of development, economic issues will top the agenda of the new government, as it seeks.... Rural job guarantee scheme inflated: Study New Delhi: Rural jobs shown to have been created under a centrally-sponsored scheme are often grossly inflated, a study released here today by former Reserve Bank of India governor Bimal Jalan .... 'India's investment promotion very weak' Washington: A new World Bank group report suggests the website and inquiry handling by the Indian government's investment-promotion agency is "very weak". The Global Inves.... Economy will grow by 7 percent: Pranab New Delhi: The Indian economy will grow by 7 percent this fiscal even as recent projections by global agencies like the International Monetary Fund (IMF) say that advanced countries' economie.... India must be part of solution to financial crisis: PM Paris: India, as a 'significant actor', must be part of any solution to the global financial meltdown, Prime Minister Manmohan Singh stressed while he also indicated that the Indian economy may.... Advertisement Advertisement Advertisement Advertisement Advertisement