New Delhi, Jan 29 The Economic Survey 2020-21 has called for the simplification of regulatory processes in the light of uncertainties amid the coronavirus pandemic. The survey presented in Parliament by Union Finance Minister Nirmala Sitharaman on Friday noted that
New Delhi, Jan 29 India requires an active fiscal policy which will ensure accrual of overall benefits from Centre’s seminal economic reforms, said Economic Survey 2020-21 on Friday. The survey document which was tabled by Finance Minister Nirmala Sitharaman in
Union Minister for Finance and Corporate Affairs, Smt. Nirmala Sitharaman presented the Economic Survey 2020-21 in the Parliament today. The key highlights of Economic Survey 2020-21, which is dedicated to the COVID Warriors, are as follows: Saving Lives and Livelihoods amidst
V-Shaped Economic Recovery Due to Mega Vaccination Drive, Robust Recovery in the Services Sector and Robust Growth in Consumption and Investment V-Shaped Recovery is Due to Resurgence in High Frequency Indicators Such as Power Demand, Rail Freight, E-Way Bills, GST
The Monthly Account of the Union Government of India upto the month of December, 2020 has been consolidated and reports published. The highlights are given below:- The Government of India has received ₹11,21,678 crore (50% of corresponding BE2020-21 of Total
Policy Focused on Minimizing losses in a worst case Scenario when Uncertainty is very high Covid-19 spread restricted by 37 lakh cases and more than 1 lakh lives saved India took 168 days to reach the Million case load and
“Increased healthcare spending can reduce out-of-pocket expenditure from 65% to 35% of overall healthcare spend” Emphasizes that healthcare policy must not become beholden to “SALIENCY BIAS”; Healthcare infrastructure needs to be “AGILE” Actively shaping the Structure of the Healthcare Market
New Delhi, Jan 29 Contrary to expectations of a faster growth in FY22 helping to shave off the sharp GDP contractions this year, the Indian economy will take at least two more years to return to the growth levels achieved
People Relied on PMJAY Even During Lockdown PMJAY has Significantly Enhanced Health Insurance Coverage Comparison between states that Adopted PMJAY and that did not Strongly Demonstrates the resulting difference in Health outcomes in both 29 JAN 2021: Pradhan Mantri Jan Arogya
New Delhi, Jan 29 The Economic Survey for 2020-21 has suggested that the government should come up with more fiscal measure for short term support to the economy and businesses. Highlighting the long term reform measures, the survey tabled by
Percentage of school students owning a smartphone increased from 36.5% in 2018 to 61.8% in 2020 in Rural India 29 JAN 2021: The Economic Survey 2020-21 presented by the Union Minster for Finance & Corporate Affairs, Smt Nirmala Sitharaman in the
Unemployment rates at all India level declined to 5.8 Per Cent in 2018-19 from 6.1 Per Cent in 2017-18 Net payroll data of EPFO shows a net Increase of new Subscribers in EPFO of 78.58 Lakhs in 2019-20 as Compared
Slew of Measures Announced by Government to Ensure Economic and Social Protection to Vulnerable Sections During Pandemic 29 JAN 2021 : The Economic Survey 2020-21 states that the combined (Centre and States) social sector expenditure as per cent of GDP has
Economic growth and inequality have shown similar relationships with Socio-Economic indicators in India 29 JAN 2021: “Given India’s stage of development, India must continue to focus on economic growth to lift the poor out of poverty by expanding the overall pie.”
Economic Survey Examines the Progress Made in Providing Access to the “Bare Necessities” by Constructing a Bare Necessities Index (BNI) Compared to 2012 Access to “The Bare Necessities” has Improved, Interstate Disparities have Declined, Access Improved Disproportionately more for the
Indian Agriculture contributes to green shoots of the Indian Economy with a Growth Rate of 3.4 Per Cent Despite COVID-19 Pandemic India’s agricultural sector has shown its resilience amid the adversities of COVID-19 induced lockdowns. The Agriculture and Allied activities
Rating Methodology needs to be made more transparent and objective, To Reflect Willingness and Ability of Country to meet Sovereign Obligations: Survey Survey Calls for Fiscal Policy to focus on growth, not withstanding Credit Ratings 29 JAN 2021: The Economic
Gross non performing Asset ratio of scheduled commercial Banks Declined; from 8.21% in Mar. 2020 to 7.49% in Sept. 2020 Improvement in Capital to Risk Weighted Assets, in Both Public & Private Banks 29 JAN 2021: The monetary policy was significantly
Monthly Gross Revenue GST collections Cross 1 Lakh Crore mark for 3 Months in a row Capital Expenditure for April to December 2020 stands at 3.14 Lakh Crore which is 24% higher than corresponding period of previous year States allowed
During 2020-21, Retail and Wholesale Inflation saw Movements in the Opposite Directions, With the Headline CPI-Combined Increasing, and the WPI Inflation Remaining Benign Survey Suggests that Base Year of CPI Needs to be Revised Recommends Price Data Capturing E-Commerce Transactions
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