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The agriculture insurance sector is likely to register growth from 2024 onwards. File | Photo Credit: K.V.S. Giri The agriculture insurance sector is likely to register growth from 2024 onwards, with an average real premium growth of 2.5% over the medium term, according to the Economic Survey 2023-24. Also Read:Economic Survey 2023-24 LIVE updates The…
The concept of green steel promotes the production of steel using green energy sources and minimizing the usage of fossil fuels. File (representational image) Green steel will play an important role in reshaping the future of the industry as the world moves towards a low-carbon economy, the Economic Survey for 2023-24 said. The concept of…
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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…
An auction window is created under the NRS for making coal available for new coal gasification plants | Photo Credit: G. N. Rao The initiatives of the government for cleaner fuel such as coal gasification mission and exploring coal to hydrogen need to be promoted to reduce emission and increase environmental sustainability, the Economic Survey…
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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….
Economic Survey 2023-24 states that India’s workforce is nearly 56.5%, construction accounted for 13% in construction industry. | Photo Credit: Getty Images/iStockphoto India’s workforce is nearly 56.5 crore, with more than 45% employed in agriculture, 11.4% in manufacturing, 28.9% in services, and 13.0% in construction, highlights the Economic Survey 2023-24 released by the finance ministry…
Photo used for representation purpose only. | Photo Credit: Getty Images/iStockphoto The outlook for India’s financial sector appears bright, but it needs to brace for likely vulnerabilities, said Economic Survey 2023-24 tabled in Parliament on July 22. The Indian financial sector is at a “turnpike moment”, it said, adding that the dominance of banking support…
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…
Finance Minister Nirmala Sitharaman tabled the Economic Survey 2023-24 and Economic Survey 2023-24 statistical appendix in Lok Sabha. | Photo Credit: Sansad TV screengrab Finance Minister Nirmala Sitharaman on July 22 presented the Economic Survey 2023-24, along with the statistical appendix in the Lok Sabha. The Economic Survey is an annual document presented by the…
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Watch: Union Budget 2024: Insurance sector expectations The insurance sector is one of India’s fast growing and key segments within the country’s financial system. Given its sheer size, insurance is in itself an industry and makes for a strong case for reforms, continued push for regulatory changes and some tax tweaks. We look at the…
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