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Growth in corporate profits needs to be commensurate with wages to boost the economy, Economic Survey 2024-25 said, noting that sharp disparities between the two pose risk to the economy by curbing demand. The document tabled in Parliament on Friday (January 31, 2025) noted that while the labour share of GVA (gross value added) shows…
A view of a MSME Industrial unit at Ambattur Industrial Estate in Chennai. | Photo Credit: The Hindu Micro, Small and Medium-scale Enterprises (MSMEs) that employ 23.24 crore people in the country continue to face challenges in the regulatory environment, noted the Economic Survey tabled on Friday (January 31, 2025). “Regulatory compliance burden holds back…
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Chief Economic Advisor V. Anantha Nageswaran addresses a press conference after the tabling of the Economic Survey in the Parliament, in New Delhi on January 31, 2025. | Photo Credit: ANI Pointing towards a decrease in regular jobs and shift towards casual employment, the Economic Survey tabled in Parliament on Friday (January 31, 2025) found…
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India must harness its “best resources, advanced technologies, and expertise” to becoming a developed nation by 2047 while ensuring a low-carbon pathway. However, it shouldn’t shut its coal-fired plants “without adequate alternatives,” the Economic Survey noted. | Photo Credit: The Hindu India must harness its “best resources, advanced technologies, and expertise” to becoming a developed…
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Photo used for representation purpose only. | Photo Credit: The Hindu Issues such as climate change and water scarcity present significant obstacles that require focused and targeted interventions, the Economic Survey, tabled in Parliament on Friday (January 31, 2025), noted in a chapter on agriculture and food management sectors. The Survey recommended more research and…
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Photo used for representation purpose only. | Photo Credit: The Hindu The Economic Survey has noted significant strides in urban sanitation and water supply with tap water coverage increasing to 70% and sewerage coverage rising to 62% in Indian cities. The Survey, tabled in Parliament by Finance Minister Nirmala Sitharaman on Friday (January 31, 2025),…
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Highlights of Economic Survey 2024-25 | Video Credit: The Hindu Union Finance Minister Nirmala Sitharaman tabled the Economic Survey 2024-25 in the Parliament on Friday (January 31, 2025), providing an official assessment of the performance of the economy in the ongoing financial year, and listing out the challenges being faced by the nation. The Economic…
Carpooling at Cognizant in Siruseri, Chennai on August 29, 2018. IT majors lead the way in carpooling. sRide and Quick Ride among several carpooling apps cater to the corporate sector in India. | Photo Credit: The Hindu The Economic Survey 2024-2025 tabled in the Lok Sabha on Friday (January 31, 2025), stated that carpooling could reduce 380 million litres…
Cement output growth eased from a sharp 13.5% uptick in November to 4% in December, but this was largely due to base effects from a year ago, with production volumes actually jumping 12.4% over the previous month. | Photo Credit: The Hindu Output in India’s eight core infrastructure sectors hit a seven-month high in December,…
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Chief Economic Advisor (CEA) V. Anantha Nageswaran addresses the media at National Media Centre, in New Delhi on January 31, 2025 | Photo Credit: Sushil Kumar Verma Chief Economic Advisor (CEA) V. Anantha Nageswaran in the Economic Survey tabled on Friday (January 31, 2025) observed that the Union Government’s indicators for determining fiscal discipline have…