The economy is likely to grow at 8-8.5% in FY2022-23 and India is geared up to face the challenges posed by pandemic, the Economic Survey tabled yesterday said. Let's analyse this yearly report card
What are the highlights of Economic Survey 2022? What are the challenges for Tata after Air India acquisition? Will markets see a Budget-day rally? What are the different tax regimes? All answers here
The Economic Survey 2021-22 which was tabled in the Parliament on Monday by the Union Minister for Finance and Corporate Affairs, Nirmala Sitharaman has analysed trends in the labour market
Along with domestic actions, equally important are the country's initiatives at the international stage, which the Economic Survey elaborated in detail
Effective April 1, 2020, Centre had relaxed FPI limit for Indian firms to the applicable FDI sectoral limit. Move led to spike in India's foreign ownership limits (FOL) in global indices
Analysts feel Budget will provide support to sectors worst hit by pandemic
The strong revival in government revenues means the government has enough fiscal space to provide additional support to boost growth momentum, the Economic Survey said
Stimulus measures announced so far during FY 22 include liquidity enhancing and investment boosting measures such as PLI, credit guarantee schemes and export boosting step, survey says
India has 83 unicorns with a total valuation of $277.77 billion, the Survey of 2021-22 says
Vaccination should be treated as a macroeconomic indicator since it is not just a health response but is critical for opening up the economy, the Economic Survey 2021-22 said.
It cautions on areas of concern, which if known beforehand, are easier to tackle as they don't come as shocks. So it is a good precursor to the Union Budget
Says price rise in perishable food items due to production seasonality
Demand for steel to get a boost with higher roads, rail spend
Survey says incorrect to view pandemic-led disruption as merely a demand shock, defends supply side measures put in action by govt as a policy response to the pandemic.
Omicron could prove a hurdle, may particularly impact contact intensive segments, says Survey
V Anantha Nageswaran said that the financial year 2022-23 (FY23) growth projections in the Economic Survey of 2021-22 are conservative compared to other agencies
UPI ended calendar 2021 with record high transactions by both volume and value. According to NPCI data, it recorded 4.56 billion transactions worth Rs 8.27 trillion in December
According to the survey, the banking system is well capitalised and the overhang of NPAs seem to have structurally declined even allowing for some lagged impact of the pandemic
However, the figure is higher than the international benchmark of 20-30%
The higher average maturity lowers the rollover risk, the Survey noted