Tax revenue's continued growth, meanwhile, is led by direct taxes
Says that he was upbeat but cautious about the growth prospects of India while projecting a 6.5-7% GDP growth rate for 2024-25
Survey shows the way for sustained growth
While services exports may continue to have a competitive advantage, future growth will hinge on domestic consumption and investment demand
Nudges pvt sector on jobs, cautions on AI; sees GDP growing by 6.5-7% in FY25; makes a case for FDI from China
The Survey says the idea of economic globalisation has run its course and it may not be reversed fully
A small enterprise is where the investment in plant and machinery or equipment does not exceed Rs 10 crore, and turnover does not exceed Rs 50 crore
Indian state can free up its capacity and enhance its capability to focus on areas where it has to by letting go of its grip in areas where it does not have to, the survey stated
Survey says nearly 135 mn have emerged from multidimensional poverty
Economic Survey says mkt claim on real economy 'excessively high', may lead to instability
Private gross fixed capital formation must accelerate in machinery, equipment, intellectual property products to create quality jobs
The Survey also talked about positive transformations in the regulatory landscape of the service sector which have helped in creating a conducive business environment
Sanjeev Agrawal, President, PHD Chamber of Commerce and Industry, said, "We believe that the growth will be above such conservative estimates as 8 per cent growth is becoming a new normal for India"
Mission LiFE seeks to promote sustainable lifestyles through mindful utilisation of resources, minimisation of waste, and adoption of green choices
Finance Minister Nirmala Sitharaman on Monday presented the Economic Survey 2023-24, along with the statistical appendix in the Lok Sabha
Occupancy rates are over 60 per cent for the third year in a row
Cites risks of geopolitical tensions, rise in protectionism, higher trade cost because of the Red Sea crisis, and commodity price volatility as reasons
Finance Minister Nirmala Sitharaman presented the Economic Survey 2023-24, along with the statistical appendix, in the Lok Sabha on Monday
Between FY19 and FY23, the central and state governments contributed 49 per cent and 29 per cent, respectively, to total investments. The private sector's contribution was a mere 22 per cent
Hardships caused to poor and low-income consumers can be handled through DBT, it says