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
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The government's fertiliser subsidy touched Rs 85,300 crore in the first nine months of the ongoing fiscal year, according to the Economic Survey. Domestic fertiliser production reached 28.5 million tonne during April-December period of 2021-22. 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. According to the Survey, total fertiliser subsidy reached Rs 85,300 crore during the nine-month period. Of this, Rs 49,800 crore subsidy was on urea and the balance Rs 35,500 crore on phosphatic and potassium (P&K) fertilisers. The government's fertiliser subsidy had touched a record Rs 1,38,500 crore in 2020-21. Much of the subsidy was spent on urea at Rs 99,500 crore followed by P&K fertilisers at Rs 39,000 crore. The government is making available fertilisers, namely urea and different grades of P&K fertilisers to farmers at subsidised prices through ...
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
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
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.
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.
PMKVY 3.0 has had the worst track record, with only 3.6 per cent placement under the scheme
India will comfortably meet its fiscal deficit FY22 target on the back of a strong rebound in revenues, said the Economic Survey 2021-22
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
Sewage treatment capacity during the last eight years has been scaled up ten times
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
In April-Nov 2021, nearly 22 mn individual demat accounts were added, the Economic Survey for 2021-22 noted
The increase in foreign investment in the pharma sector in 2020-21 is mainly on account of investments to meet Covid-19-related demands for therapeutics and vaccines, according to the Economic Survey
The Indian Railways (IR) has set a target of 100 per cent electrification of its network by December 2023, said economic survey 2021-22.
Consumer price index-based inflation has remained well within RBI's sub 6-per cent comfortable zone during April-December period of FY22
The COVID-19 vaccination should be treated as a macro-economic indicator since it is not merely a health response but is critical for opening up the economy, according to the Economic Survey 2021-22.
With forex reserves of over $630 billion and plenty of "policy room" to deal with the situation, India can withstand normalisation of monetary policy by central banks of large economies
Kerala, Tamil Nadu, Andhra Pradesh and Karnataka take top slots in Sustainable Development Goals (SDG) index
Govt's focus on supply-side reforms in post-pandemic period, combined with policies aimed at minimising near-term demand shocks and extending safety nets for the vulnerable has been commendable