Slowdown in Indian economy is partly because global economy slowing down: CEA
News | January 31, 2020 18:35 ISTChief Economic Advisor Krishnamurthy Subramanian informed that this year Economic Survey's theme is wealth creation.
Chief Economic Advisor Krishnamurthy Subramanian informed that this year Economic Survey's theme is wealth creation.
To promote preventive healthcare, 1.5 lakh Ayushman Bharat Health & Wellness Centres are proposed to be set up by 2022, according to the Economic Survey 2019-20. The Survey was tabled in Parliament on Friday by Finance Minister Nirmala Sitharaman.
The Economic Survey 2020: India ranks third in number of new firms created, said Finance Minister Nirmala Sitharaman while referencing World Bank data on entrepreneurship, who presented the Economic Survey 2019-20 in the Parliament today.
In India, the government has historically relied on price controls to regulate the prices of pharmaceutical drugs through the National Pharmaceutical Pricing Authority (NPPA) and Drug (Prices Control) Order, said the Survey.
According to the National Restaurants Association of India (NRAI), a total of 36 approvals are required to open a restaurant in Bengaluru, 26 in Delhi and 22 in Mumbai.
The Indian stock market continues to be upbeat about the country's growth prospects, despite deceleration in GDP growth for the sixth consecutive quarter, the Economic Survey 2019-2020 said, adding that the BSE Sensex has increased 7 per cent till December 2019 over March.
Around 2.62 crore new jobs were created in rural and urban areas between 2011-12 and 2017-18 among regular wage and salaried employees, says the Economic Survey 2019-20, which was laid in Parliament on Friday.
To prevent 'lack of infrastructure' becoming a 'binding constraint' on the growth of Indian economy that aspires to become a USD 5 trillion by 2024-25, the country needs to spend about USD 1.4 trillion on infrastructure, the Economic Survey said on Friday.
Consumer price inflation has been witnessing moderation since 2014, however, there has been an "uptick" in the prices of food items, particularly vegetables, owing to output disruptions and low base effect, the Economic Survey said on Friday.
The Economic Survey 2019-20 was presented in Parliament today by the Union Minister for Finance and Corporate Affairs Nirmala Sitharaman. The conclusion has been drawn on the basis of “Thalinomics: the Economics of a plate of food in India” – an attempt to quantify what a common person pays for a Thali across India.
Investment in infrastructure is necessary for the economy, as power shortages, inadequate transport and poor connectivity affects overall growth performance, as per the Economic Survey 2019-20, tabled in Parliament by Union Finance and Corporate Affairs Minister Nirmala Sitharaman.
Dedicating a full chapter on "Through 'Thalinomics -- The Economics of a Plate of Food in India", the survey tabled in Parliament by Finance Minister Nirmala Sitharaman analysed data from the Consumer Price Index for industrial workers for around 80 centres in 25 states/Union Territories from April 2006 to October 2019 to arrive at the cost of a 'thali'.
Economic Survey 2019-20 highlights: Following are the highlights of the Economic Survey 2019-20 tabled in Parliament on Friday:
Economic Survey: As Budget Session 2020 kickstarted, Finance Minister Nirmala Sitharaman presented the Economic Survey 2019-20 in Parliament. The Economic Survey is a detailed reflection and retrospection into the country's economic performance over the ongoing fiscal year. Indiatvnews.com brings to you live updates from the first day of the Budget Session
Budget 2020: The Economic Survey is a comprehensive report card on the economy. The Economic Survey for fiscal 2019-2020 will be presented a day before Finance Minister Nirmala Sitharaman presents Union Budget 2020 on January 31 (today).
Union Budget 2020: The Economic Survey of India for 2019-2020 is presented a day before Finance Minister Nirmala Sitharaman presents Union Budget 2020 on January 31. Economic Survey 2020, prepared by Government of India's Chief Economic Advisor will be tabled in both houses of the Parliament. Here's all you need to know about the Economic Survey:
Union Budget for 2020-21 may be presented on 1 February and the Economic Survey is likely to be on January 31, Finance Ministry sources said.
Economic Survey outlines blueprint to achieve Modi's dream of 5 trillion dollar economy
The growth of India's exports of commercial services decelerated in 2018 but remained above the world growth rate, the Economic Survey 2018-19 said. According to the survey, India had experienced a recovery in growth of exports and imports of commercial services during 2015-17, in line with the global recovery in commercial services trade.
India's economic growth will rebound from a five-year low this year, but would need a huge boost in spending and reforms to accelerate higher rate of expansion to double the economy's size to USD 5 trillion by 2024-25, the pre-Budget Economic Survey said Thursday.
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