Tag: Economic Survey

Economic Survey 2024 data presents a cherry-picked view of economy: Congress

July 22, 2024 admin

Senior Congress leader Jairam Ramesh. | Photo Credit: SUSHIL KUMAR VERMA Alleging that the Economic Survey tabled in Parliament on July 22 presented a “cherry-picked view” of the economy with “fudged” data, the Opposition parties criticised the government, saying the document once again shows that the BJP government is disconnected from reality. Congress general secretary in-charge…

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MGNREGS demand not a real indicator of rural distress: Economic Survey

July 22, 2024 admin

Image for representational purposes only. | Photo Credit: The Hindu Laying the groundwork for revisiting the Mahatma Gandhi Rural Employment Guarantee Scheme (MGNREGS) as a poverty alleviation tool, Chief Economic Adviser V. Anantha Nageswaran on July 22 noted in the Economic Survey that demand under the scheme was not a “real indicator” of rural distress. …

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Proposed EU carbon tax protectionist, says Economic Survey

July 22, 2024 admin

Image for representational purposes only. | Photo Credit: Getty Images Echoing the Centre’s concerns on “protectionism”, the Economic Survey has noted that the forthcoming Carbon Border Adjustment Tax (CBAT) mooted by the European Union “went against the spirit of the Paris Agreement.” The Carbon Border Adjustment Mechanism (CBAM), as it is called, are tariffs that…

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Economic Survey 2023-24: Link skill development with production-linked, job-linked sops in high-growth areas

July 22, 2024 admin

Only 4.4% of India’s young workforce is formally skilled, said the Economic Survey 2023-24. File | Photo Credit: M. Moorthy With only 4.4% of India’s young workforce formally skilled, linking skill development with production Linked Incentive (PLI) and employment-linked incentive schemes in high-growth potential sectors like toy, apparel, tourism, logistics and textiles would aid upgrading…

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Sensex, Nifty settle lower ahead of Budget

July 22, 2024 admin

Image for representational purposes only. | Photo Credit: PTI Equity benchmark indices Sensex and Nifty ended lower on July 22, dragged down by heavy selling pressure in Reliance Industries and Kotak Mahindra Bank ahead of the Budget. Besides, a weak trend in global equity markets also hit investors sentiment, traders said. Falling for the second…

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Economic Survey 2023-24 cautions against significant increase in retail investors in stock market

July 22, 2024 admin

The Economic Survey 2023-24 on July 22 cautioned against significant increase in retail participation in the stock market, saying expectation of higher returns without real market conditions is a matter of concern. At the same time, it also mentioned that enhanced participation of retail investors lends stability to the capital market and noted the increasing…

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Economic Survey 2023-24: Convergence of efforts at Centre, States needed to improve quality of education

July 22, 2024 admin

National Education Policy expected to yield foundational literacy and numeracy for every child passing the third standard in the near future. File (representational image) | Photo Credit: The Hindu Convergence of efforts across the Centre, States, and local bodies is needed to improve the quality of education, especially primary education, the Economic Survey has suggested….

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Economic Survey 2023-24: Higher private sector financing, resource mobilisation key to building quality infrastructure

July 22, 2024 admin

Finance Minister Nirmala Sitharaman tables the Financial Survey 2023-24. File | Photo Credit: PTI “A higher level of private sector financing and resource mobilisation from new sources will be crucial for India to build quality infrastructure,” according to the Economic Survey 2023-24. The Economic Survey 2023-24 was tabled in the Parliament by Finance Minister Nirmala…

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Economic Survey 2023-24: Rising obesity a concern, preventive measures must be taken for healthier lifestyle

July 22, 2024 admin

“Obesity is emerging as a serious concern among India’s adult population,” said Economic Survey, which was tabled on July 22 by Finance Minister Nirmala Sitharaman in the Parliament. | Photo Credit: The Hindu Raising concerns over growing obesity and increase of consumption of highly processed foods laden with sugars and fat, the Economic Survey said…

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Economic Survey 2023-24: FDI inflows from China can help India increase global supply chain participation

July 22, 2024 admin

India faces two choices to benefit from ‘China plus one’ strategy and that is either to integrate into China’s supply chain or promote FDI from China. File. | Photo Credit: AP Increased foreign direct investment inflows from China can help increase India’s global supply chain participation and push exports, says the Economic Survey. The Survey…

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