Page 18 - Economic Survey

Economic Survey defends lockdown strategy to fight Covid-19 pandemic

To implement its strategy, India imposed the most stringent lockdown at the very onset of the pandemic

RBI must use reserves for domestic investment, says Economic Survey

The reserves have risen as imports contracted and the country turned surplus.

Budget to be seen as part of mini budgets of 2020, says PM Narendra Modi

Sitharaman is scheduled to present the Budget in the Lok Sabha on Monday

Roads, health care consistent priority for govt: Economic Survey

Private participation remains low, the Survey shows

A missed opportunity: Eco Survey fails to address the problem of employment

The Survey concludes that the lockdown was a critical instrument in flattening the curve and saving lives

A call to print more money: Economic Survey sees a 'V-shaped recovery'

Forget fiscal conservatism, turn on the fiscal taps, and ignore debt build-up, says Survey

Economic survey 2020-21: Forget rating agencies, spend without fear

Government spending becomes imperative at the time of excessive risk aversion in the private sector

Tight regulation vs discretion: Economic Survey pitches for transparency

"The reality of incomplete contracts leads to inevitability of incomplete regulation. This makes some discretion unavoidable," says the Survey

Economic Survey's optimism about India's public debt looks misplaced

India will not face the problem of debt sustainability even in the worst of scenarios till 2030, the Survey observed.

Eco Survey bats for sustained, calibrated measures to facilitate recovery

Economic Survey is rich in analysis and comparisons with international data and this makes it an important policy document as has been the case in previous years

Eco Survey suggests end to forbearance, another asset quality review round

Severely criticises RBI for not being able to unearth full extent of bad debt mess in banks in previous AQR round

Increasing health spend to 3% can halve out-of-pocket expenses: Eco Survey

The survey said the focus must be on building the health care system generally rather than a specific focus on communicable diseases

Litigation turning out to be a big hurdle for IBC: Economic Survey

Cites World Bank's Ease of Doing Business report, which said it takes 1,445 days to resolve a commercial contract in India, versus 589.6 days in OECD high income countries, 120 days in Singapore

No 'jugaad': Businesses must raise R&D spend, says Economic Survey

India's gross expenditure on R&D is 0.65% of GDP, significantly lower than top 10 economies' spend of 1.5-3%

Bare necessities: Economic Survey takes a leaf out of 'Jungle Book'

Kerala, Punjab, Haryana, and Gujarat have highest access to basic amenities

Highways construction to regain high pace of pre-Covid level: Eco Survey

Highways construction will regain fast-pace of the pre-Covid level on the back of multiple initiatives, the survey said

Economic survey 2020-21: Promise of a counter cyclical fiscal stance

While this will mean material deviation from the FRBM road map, we feel that a decisive and credible stance on near-term fiscal deficit and FRBM targets is the need of the hour

Output of eight core industries contracts 1.3% in December 2020

During April-December 2020-21, the sectors' output declined by 10.1 per cent against a growth rate of 0.6 per cent in the same period of the previous year

India's fiscal deficit soars to Rs 11.6 trillion at December end

According to the data released by the Controller General of Accounts (CGA), the fiscal deficit at the end of December in the previous fiscal year was 132.4 per cent of the BE of 2019-20

Budget for the victims: Some silent crises for Ms Sitharaman to address

A consumption boost through continued pay-outs for another year to those at the bottom of the pyramid, and still more money for the employee guarantee scheme should be in order, writes T N Ninan