Economic Survey 2013-14

Economic Survey 2013-14: India needs to increase exports to China

The bilateral trade between the two countries stood at USD 68.9 billion in 2013-14.

Jul 09, 2014, 18:55 PM IST

Economic Survey 2013-14: Urgent need to revamp Mahatma Gandhi NREGA

MNREGA programme is aimed at providing not less than 100 days of guaranteed wage employment in a financial year to every rural household.

Jul 09, 2014, 18:51 PM IST

Economic Survey 2013-14: Survey spells out 3-pronged strategy to deal with stagflation

Stagflation is a condition of slow economic growth accompanied by persistent high inflation and unemployment.

Jul 09, 2014, 18:46 PM IST

Economic Survey 2013: Develop integrated bond-currency-derivative market

To tide over the problem of illiquidity, the pre-budget Economic Survey Wednesday pitched for developing an integrated bond, currency and derivative market at par with equities.

Jul 09, 2014, 17:01 PM IST

Economic Survey outlines 3 pronged strategy to push GDP to 7-8%

The government on Wednesday suggested a three-pronged strategy of containing inflation, pushing tax and expenditure reforms and legal and regulatory frameworks for market economy for achieving 7-8 percent in coming years.

Jul 09, 2014, 16:59 PM IST

Economic Survey 2013-14: India trails China in R&D spend and innovation capacity

India accounts about 3 percent of USD 1.6 trillion of global gross expenditure on research and development (GERD) in PPP (purchasing power parity), which is around five times lower than that of its neighbour China, the Economic Survey said Wednesday.

Jul 09, 2014, 16:26 PM IST

Economic Survey 2013-14: Need clear signal to revive economic zones

The Economic Survey Wednesday pitched for giving a "clear signal" to the developers and units of Special Economic Zones as fresh investments have slowed down in SEZs in the recent years.

Jul 09, 2014, 16:19 PM IST

Economic Survey 2013-14: Stable govt, global economic recovery can help Indian tourism

Benefiting from a stable government capable of bringing quick reforms and revival of global economy, the Indian tourism sector can look forward to an average annual growth of 7.9 percent per year till 2023.

Jul 09, 2014, 16:04 PM IST

Economic Survey 2013-14: Growth of NPAs is a cause for concern

The four-fold rise in bad loans over the past two years, mainly of public sector banks is a matter of concern and steps are being taken to improve the situation, the Economic Survey said.

Jul 09, 2014, 15:46 PM IST

Economic Survey 2013-14: India logs record milk production in FY'13

India recorded peak production of milk at 132.43 million tonnes (MT) in 2012-13, becoming the top milk producer globally, the pre-budget Economic Survey said Wednesday.

Jul 09, 2014, 15:46 PM IST

Economic Survey: 'Use or lose' policy for freeing up locked land

The government should formulate a 'use it or lose it' policy to free up land holdings for industrial use in a bid to improve business environment, the Economic Survey said Wednesday.

Jul 09, 2014, 15:43 PM IST

Economic Survey 2013-14: Investments in telecom surged 4 times to $1.3 bn

The telecom sector attracted over 4-fold growth in foreign investments at USD 1.3 billion during the financial year 2013-14.

Jul 09, 2014, 15:27 PM IST

Economic Survey 2013-14: Signs of revival in Indian aviation sector

The Indian civil aviation sector is showing signs of revival in growth after a period of turbulence with emergence of new players such as AirAsia and Tata-SIA Airline, although domestic passenger traffic handled at Indian airports grew only by 5.2 percent in 2013-14.

Jul 09, 2014, 15:17 PM IST

Economic Survey 2013-14: India needs to unleash labour reforms to create jobs

India needs to unleash second generation labour reforms and capitalise on demographic advantage for creating new firms and jobs, a government document said Wednesday.

Jul 09, 2014, 15:11 PM IST

Economic Survey 2013-14: Speed up pvt sector entry in coal mining, CIL

The government needs to fast track entry of the private sector in commercial coal mining and restructure state-run Coal India to augment production and reduce imports of the dry fuel that cost Rs 95,175 crore in FY'2014, the pre-Budget Economic Survey Wednesday said.

Jul 09, 2014, 15:03 PM IST

Economic Survey favours direct cash subsidies for BPL households

The government's pre-budget Economic Survey Wednesday suggested payment of subsidy in cash for those below poverty line through technologies like biometric identification, observing the current methodology has led to distorted resource allocation.

Jul 09, 2014, 14:57 PM IST

Economic Survey 2013-14: Do a reality check on FTAs

The Economic Survey Wednesday made a case for a "reality check" on large number of free trade pacts implemented by the country as they are adversely impacting the domestic industry.

Jul 09, 2014, 14:57 PM IST

Economic Survey 2013-14: Govt to set up 16 NIMZs to boost manufacturing

The government has announced setting up of 16 national investment and manufacturing zones (NIMZs) to boost economic growth.

Jul 09, 2014, 14:55 PM IST

Economic Survey 2013-14: 'El Nino likely to impact farm production, food prices'

After three years of bumper crop harvest, India's agriculture production may be impacted this year if a likely El Nino torpedoes monsoon rainfall, putting pressure on food prices, the Economic Survey said Wednesday.

Jul 09, 2014, 14:47 PM IST

Economic Survey 2013-14: Power production falls short of target by 8 BU in 2013-14

Power generation fell short by nearly 8 billion units of the target of 975 billion units in the last financial year.

Jul 09, 2014, 14:11 PM IST