Page 7 - Economic Survey

96% unauthorised colonies comes under regular water supply: Economic survey

About ninety-six per cent of unauthorised colonies here have regular water supply and around 93 per cent households access to piped water supply, according to the Delhi Economic Survey 2022-23. The report, which was tabled in the Delhi assembly by Finance Minister Kailash Gahlot on Monday, said since January 2014, around 21.39 lakh consumers have benefited from free water of up to 20 kilolitres. "In a remarkable achievement, GNCTD (Delhi government) has been able to provide regular water supply to unserved and under-served areas, and has covered unauthorised colonies, which is about 96 per cent of total unauthorised colonies in Delhi and efforts have been made to cover remaining unauthorised colonies," the survey noted. "The Delhi government ensured free lifeline water up to 20 kilolitres to every household having metered water connection and around 21.39 lakhs consumers have been benefited under this scheme since its inception," the Delhi Economic Survey (DES) said. The priority .

Delhi govt tables Eco Survey, per capita income grew by 14.18% in 2022-23

The survey was tabled by Delhi Finance Minister Kailash Gahlot on Monday in the Assembly

Delhi Eco Survey: AAP govt's per capita income rises 14.18% to Rs 4,44,768

Finance Minister Kailash Gahlot on Monday tabled the Delhi Economic Survey in the Assembly. According to the survey report, the per capita income of Delhi at current prices reached at the level of Rs 3,89,529 in 2021-22 as compared to Rs 3,31,112 in 2020-21. "The Advance Estimate of Per Capita Income of Delhi at current prices during 2022-23 estimated at Rs 4,44,768 registering a growth of 14.18 per cent over the previous year," it said. Delhi's per capita income has always been around 2.6 times higher when compared to the national average, both at current and constant prices, it noted. "Overall economic activity in Delhi has recovered faster compared to the national level, past the pre-pandemic levels. In the years 2021-22 and 2022-23, a sharp recovery of real GSDP of Delhi with a growth of 9.14 per cent and 9.18 per cent, respectively is based on a low base effect and inherent strengths of the economy," it said. The Delhi government's revenue receipts consist of tax revenue, .

Account aggregator framework set to change dynamics in retail finance scene

The AA framework is creating a huge marketplace - based on customers' consent for sharing data - for all manner of financial vendors

Maharashtra economy to grow by 6.8% in 2022-2023: Economic Survey

The tax and non-tax revenues including central grants for 2022-2023 (BE) are RS 308,113 crore and Rs 95,314 crore respectively

Economic Survey: Maharashtra has over 25.6 mn ration-card holders

Of the total eligible 8.66 lakh ration cards under the Above Poverty Line farmers from the drought-prone 14 districts, the Aadhaar seeding of 99.9 per cent has been done

Maharashtra's economy expected to grow by 6.8% in 2022-23: Economic Survey

Maharashtra's economy is expected to grow by 6.8 per cent in FY 23 as against the projected growth of the Indian economy by 7 per cent, as per the Economic Survey 2022-23 tabled in the state Legislative Assembly on Wednesday. The agriculture and allied activities sector will grow by 10.2 per cent in the state, as per the survey tabled by state finance minister Devendra Fadnavis in the Assembly on the eve of the presentation of the Budget. The industry sector is expected to grow by 6.1 per cent and the services sector by 6.4 per cent, it said. As per the advance estimates, the nominal (at current prices) gross state domestic product (GSDP) for 2022-23 is expected to be Rs 35,27,084 crore and the real (at constant 2011-12 prices) GSDP is expected to be Rs 21,65,558 crore, it stated. The report stated the average share of Maharashtra in the national nominal GDP is highest at 14 per cent. As per the advanced estimates, the per capita state income for 2022-23 is expected at 2,42,247 as

Growth and glory: Might the two Asian cheetahs end up in another dead heat?

Most forecasters had it that India would do significantly better than China in FY24, but the scenario has undergone a change in recent weeks, as China has altered course dramatically, writes T N Ninan

Chhattisgarh GSDP to grow by 8% at constant prices: Economic Survey

The Gross State Domestic Product (GSDP) of Chhattisgarh at constant prices is estimated to grow by 8 per cent and the per capita income is likely to reach Rs 1,33,898 for the fiscal 2022-23, as per the state's Economic Survey Report presented in the Assembly on Friday. The report, which was tabled by state Planning, Economics and Statistics Department minister Amarjeet Bhagat, said Chhattisgarh's GSDP at constant price (base year 2011-12) as per advance estimates is expected to grow at 8 per cent and reach Rs 2,89,08,241 lakh in 2022 -23 as against quick estimates of 2,67,68,086 lakh in FY 2021-22. The biggest contributor to the surge in GSDP has been the service sector with expected growth of 9.21 per cent from Rs 82,94,627 crore (2021-22) to Rs 90,58,266 crore (2022-23), the report said. According to the report, the growth in the agriculture (agriculture, livestock, forestry and fishing) and industrial (mining and quarrying, construction, manufacturing and electricity, gas and wat

Bihar Finance Minister presents state's Economic Survey 2021-22 in Assembly

As the economic survey, the per capita income has increased by Rs 6,400

Service sector continues to drive Mizoram's economy with 50% share in GSVA

The tertiary or service sector continues to drive Mizoram's economy with a lion's share of 50.08 per cent of the Gross State Value Added (GSVA) being contributed by the sector, according to the Economic Survey of Mizoram 2022-2023. The Economic Survey presented by Chief Minister Zoramthanga in the Assembly on Tuesday said that the Gross State Domestic Product (GSDP) has been continuously growing over the years at an impressive rate. The GSDP at constant prices (2011-12) is expected to attain an amount of Rs. 19,036.83 crore in 2021-22 against the estimate of Rs 16,969.85 crore for the year 2020-21 showing a growth of about 12.18 per cent over the previous year. Whereas the GSDP at current price registered an increase of 15.25 per cent over the previous year, it said. The GSDP at current price is estimated at Rs 28,480.10 crore in 2021-22 as against Rs 24,712.26 crore in 2020-21. The GSVA at constant (2011-12) prices has clocked a 9.43 per cent average annual growth rate during ...

Growth, Budget and macro balances

The responsible revenue and expenditure projections are to be lauded, but efforts on trade and fiscal targets fall short

Assam, Odisha among states clocking high rural inflation than urban in FY23

Assam, Haryana, Madhya Pradesh, Manipur, Mizoram, Odisha, Uttarakhand, West Bengal, and Delhi experienced higher rural inflation than urban inflation

Direct tax: Budget gives a blueprint for sustained high-growth trajectory

Presently, no TDS is required on interest payable in the case of listed dematerialised securities

Banking sector should cheer Budget

The Budget estimated the nominal GDP growth at 10.5 per cent in FY23, lower than what the Economic Survey, tabled a day ahead, projected

Budget LIVE: Rs 35,000 cr for net-zero carbon emission goals, says FM

Finance Minister Nirmala Sitharaman presented the last full Budget of the Modi government before general elections 2024 on February 1. Catch all latest updates on Union Budget 2023-24 here

Budget 2023 live streaming: When and where to watch FM Sitharaman's speech

Budget 2023 India: Finance Minister Nirmala Sitharaman will present the annual financial statement in the Parliament of India at 11 AM today

TMS Ep359: Economic Survey, Adani-Hindenburg case, markets, Budget terms

What does Economic Survey tell us about growth? What can regulators do in Adani-Hindenburg case? What do markets expect from Budget 2023? Five terms to understand the Budget better. All answers here

We shouldn't be mechanical about fiscal deficit targets: CEA Nageswaran

In an exclusive interaction with Arup Roychoudhury and Asit Ranjan Mishra, V A Nageswaran said that budget deficit targets should be solely decided by debt levels are sustainable

Indian firms raise Rs 5.06 trn via equity, debt during Apr-Nov 2022: Survey

Indian companies mobilised Rs 5.06 lakh crore through the equity and debt routes during April-November 2022, a drop of 8.5 per cent from the year-ago period, the Economic Survey 2022-23 said on Tuesday. Fund mobilisation through debt contributed a lion's share to the overall fund-raising during the period under review. Out of the cumulative Rs 5.06 lakh crore garnered in FY23 (till November 2022), funds totalling Rs 3.92 lakh crore were mopped up from the debt market and Rs 1.14 crore came in through the equity route, as per the data compiled in the survey. In comparison, firms had raised Rs 5.53 lakh crore, including Rs 3.71 lakh crore through debt and Rs 1.81 lakh crore through equity, which comprised Rs 89,166 crore from initial public offerings (IPOs), during April-November 2021. According to the survey, overall, India's capital market had a good year in FY23 though global macroeconomic and financial market developments exercised some influence. "Global macroeconomic uncertain