Survey shows Indian economy faces downside risks: India Inc
The Economic Survey shows India's economy faces downside risks in the backdrop of a global slowdown and the government needs to take steps to boost rural demand and improve ease of doing business while initiating bold reforms like the GST, industry experts said Friday.
Feb 26, 2016, 21:27 PM IST
Treatment cost at pvt hospitals 4 times than govt ones: Survey
The average cost of treatment in private hospitals, excluding child birth, is about four times than that of public healthcare facilities, reflecting the challenges that India faces in providing affordable and accessible healthcare, according to the Economic Survey.
Feb 26, 2016, 19:19 PM IST
$10 billion investment in realty since last year despite slowdown
Real estate sector has witnessed an investment of about USD 10 billion since 2015, the highest in last seven years, mostly in debt form that poses a high refinancing risk if housing sales remain slow, the Economic Survey said Friday.
Feb 26, 2016, 18:14 PM IST
Economic Survey does the job, Sensex bounces 178 points
At the close, the broader NSE Nifty was above the key 7,000-mark at 7,029.75, up 59.15 points, or 0.85 percent.
Feb 26, 2016, 18:11 PM IST
Infrastructure 'sine qua non' for robust growth: Survey
Terming infrastructure as "sine qua non" for achieving robust growth, the Economic Survey 2015-16 said government has accorded top priority to the sector and has undertaken a slew of steps to augment it.
Feb 26, 2016, 18:08 PM IST
Refrain from raising income tax exemption limits: Survey
The Economic Survey Friday said the government should refrain from raising exemption limits on income tax to facilitate natural growth of individual earnings and widen the taxpayers base, even as it suggested widening of property tax.
Feb 26, 2016, 17:59 PM IST
Retail inflation likely to be 4.5-5% in 2016-17: Survey
The government expects retail inflation to ease to 4.5-5 percent in 2016-17 fiscal mainly due to continued downward pressure on global commodity prices and prospects of a normal monsoon.
Feb 26, 2016, 17:11 PM IST
Economic Survey: Govt needs to reduce subsidised cylinders to 10
Advocating rationalising LPG subsidy, the pre-Budget Economic Survey has called for cutting supply of below-market priced cooking gas to 10 cylinders per household in a year from 12 bottles, at present.
Feb 26, 2016, 16:35 PM IST
Transmission of policy rate depends on liquidity: Economic Survey
Effective transmission of RBI policy rate to bank rate is contingent on the general liquidity situation in the market not on small savings rate, says the Economic Survey 2015-16.
Feb 26, 2016, 15:47 PM IST
Economic Survey: FDI up 31% at $24.8 bn during Apr-Nov
FDI in April-November 2014 stood at USD 18.9 billion.
Feb 26, 2016, 15:24 PM IST
7th Pay Commission: Salary hike unlikely to destabilise prices, says Economic Survey
The Survey noted expected wage bill (including railways) will go up by around 52 percent under the Seventh Pay Commission vis-a-vis 70 percent under the 6th pay commission.
Feb 26, 2016, 15:05 PM IST
Economic Survey: 4G, mobile payments game changer for fin inclusion
Enhanced mobile payments technology along with 4G introduction will prove to be a game changer, facilitating the implementation of government's social sector schemes in a faster and more secure manner, says the Economic Survey.
Feb 26, 2016, 15:02 PM IST
Economic Survey: Govt taking steps to facilitate 'exit' for failed ventures
Likening the Indian economy in the 21st century to the Charkravyuha legend of the Mahabharata -- the ability to enter but not exit -- the Economic Survey 2015-16 today cautioned that the country is facing adverse consequences due to the lack of a way out for failed ventures.
Feb 26, 2016, 15:00 PM IST
Economic Survey: GST rollout to bring unprecedented reform
Expressing disappointment over delay in the passage of GST bill, the Economic Survey today said the roll out of Goods and Services Tax will usher in an "unprecedented reform" in modern global tax history.
Feb 26, 2016, 14:57 PM IST
Economic Survey: Spreading JAM to other areas will reduce leakages
After the big success in checking LPG subsidy leakages by use of technology, the Economic Survey 2015-16 today said spreading the JAM Trinity (Jan Dhan, Aadhaar, Mobile) to other areas will reduce leakages and provide more fiscal space to the government.
Feb 26, 2016, 14:56 PM IST
Economic Survey: Containing fiscal deficit a challenge next fiscal
Government will be able to achieve the fiscal deficit target of 3.9 percent in the current fiscal, but containing it in 2016-17 will be a challenge on account of additional outgo towards 7th Pay Commission and a slowing global economy.
Feb 26, 2016, 14:48 PM IST
Economic Survey: 19,400 startups in India, exit valuation still low
India may boast of being home to around 19,400 technology-enabled startups, but exit valuation for the investors looking to cash in on the initial funding still remains low, says an official survey.
Feb 26, 2016, 14:34 PM IST
Economic Survey: Govt can sell some firms to recapitalise banks
In order to strengthen public sector banks (PSBs), government could sell off some PSUs and use the proceeds to make additional investments in state-owned lenders, the Economic Survey said Friday.
Feb 26, 2016, 14:33 PM IST
Economic Survey stresses upon creation of more 'good jobs'
India's most pressing labour market challenge going forward will be to generate large number of "good jobs" -- jobs that are safe and also pay well, the Economic Survey said on Friday.
Feb 26, 2016, 14:05 PM IST
Economic Survey Presented in parliament
The Finace Minister Has Presented the Economic Survey 2016-17 in parliament which projects the growth rate to be 7.7-7.5%
Feb 26, 2016, 13:24 PM IST
