Economic Survey News

Budget 2012: On GDP  

16 Mar 2012, 4.35 pm  |  Source: Moneycontrol.com

Yesterday, I laid on the table of the House the Economic Survey 2011-12, which gives a detailed analysis of the economy over the past 12 months. India...

Budget Reactions: FM done good job of addressing econ problems, says PwC  

16 Mar 2012, 4.29 pm  |  Source: Moneycontrol.com

The FM has done a commendable job in trying to address economic issues through pragmatic measures of promoting investments in key sectors, says PwC....

Budget 2012: FY13 fiscal deficit target achievable, says Rangarajan   

16 Mar 2012, 1.35 pm  |  Source: CNBC-TV18

C Rangarajan, chairman of the Prime Minister's Economic Advisory Council (PMEAC) says, it is possible to contain the fiscal deficit in the next year a...

Budget 2012: Fiscal deficit at 5.1% of GDP, says Pranab Mukherjee  

16 Mar 2012, 12.32 pm  |  Source: Moneycontrol.com

Finance Minister Pranab Mukherjee sees fiscal deficit at 5.1% of the gross domestic product (GDP) for the fiscal year 2013. ...

Budget 2012-13: Pranab aims to keep FY13 subsidy under 2% of GDP  

16 Mar 2012, 11.56 am  |  Source: Moneycontrol.com

Finance Minister Pranab Mukherjee announced that the government will try and bring down subsidies to 1.7% of GDP in the next three-years. ...

Union Budget 2012: Pranab begins Budget speech in Parliament  

16 Mar 2012, 10.54 am  |  Source: Moneycontrol.com

Finance Minister Pranab Mukherjee began presentation of his seventh Union Budget in Parliament in the backdrop of challenging macroeconomic and politi...

Pranab Mukherjee: Divestment can boost capital mkts, says Punita Kumar Sinha   

16 Mar 2012, 9.42 am  |  Source: CNBC-TV18

Punita Kumar Sinha, Managing Partner Pacific Paradigm Advisors, believes the Reserve Bank of India's recent moves suggest that there is room for pri...

Union Budget 2012: Corruption, coalition politics hurting reforms, says Govt  

16 Mar 2012, 7.55 am  |  Source: PTI

Admitting that corruption scandals and coalition compulsions have slowed down reforms, the government said on Thrusday that it is facing fiscal slipp...

Union Budget 2012: Economic Survey gives key inputs for Budget making, says FM  

16 Mar 2012, 7.16 am  |  Source: PTI

Finance Minister Pranab Mukherjee today said the Economic Survey provides vital inputs for Budget preparation and can also be critical of government p...

Pranab Mukherjee: Fisc consolidation, inflation can't go together, says PMEAC   

15 Mar 2012, 9.35 pm  |  Source: CNBC-TV18

In an interview to CNBC-TV18, Saumitra Chaudhuri, member, Prime Minister’s Advisory Council sees the manufacturing sector which has been beaten out of...

Economic Survey: FY13 forecast too optimistic; eyeing 6.5%, says Comm Secy   

15 Mar 2012, 9.02 pm  |  Source: CNBC-TV18

Commerce Secretary Rahul Khullar believes that the growth forecast announced today in the Economic Survey is too optimistic, and says that he expects ...

Economic Survey: FY13 forecast too optimistic; eyeing 6.5%, says Comm Secy  

15 Mar 2012, 9.02 pm  |  Source: CNBC-TV18

Commerce Secretary Rahul Khullar believes that the growth forecast announced today in the Economic Survey is too optimistic, and says that he expects ...

Economic Survey: Present tense, future good  

15 Mar 2012, 7.07 pm  |  Source: PTI

Terming the economic performance in the current fiscal as "disappointing", the government's Economic Survey today expressed the confidence that an ups...

Economic Survey: Sensex gives second highest returns to investors in Asia  

15 Mar 2012, 6.49 pm  |  Source: PTI

Indian stock markets have given the second highest returns between 2003-04 and April-December of 2011-12 among the prominent Asian bourses over the pa...

Budget 2012: Fisc consolidation on cards, but not too many reforms   

15 Mar 2012, 6.40 pm  |  Source: CNBC-TV18

Due to the government's dire situation, especially when it comes to the fiscal deficit, chief economic advisor Kaushik Basu tells CNBC-TV18 that the m...

Economic Survey: Public sector banks grow 19% in priority sector lending  

15 Mar 2012, 3.36 pm  |  Source: Moneycontrol.com

Despite the demanding operational environment, the Indian banking sector demonstrated continued revival from the peripheral spill over effects of the ...

Economic Survey: Savings, investment rate to further slow down: Basu   

15 Mar 2012, 3.36 pm  |  Source: Reuters

Savings and investment rates in India could further slow down for another year, the country's chief economic adviser Kaushik Basu said on Thursday....

Economic Survey: Services sector grows by 9.4% despite slowing GDP growth  

15 Mar 2012, 3.28 pm  |  Source: Moneycontrol.com

The Economic Survey 2011-12 presented in the Lok Sabha today, suggests that the Services Sector continues to remain growth engine for Indian Economy....

Union Budget 2012: CRR cut more important than rate cut for economy: SBI   

15 Mar 2012, 3.14 pm  |  Source: CNBC-TV18

SBI chairman Pratip Chaudhuri says that a CRR cut is more important because it augments the availability of funds in the economy....

Economic Survey: See signs of upward trend in employment since Jul '09  

15 Mar 2012, 3.02 pm  |  Source: Moneycontrol.com

On the employment front, the country has been able to withstand the adverse impact of the global crisis and generate employment since July, 2009....

Economic Survey: MGNREGA coverage rises to 5.49cr households in '10-11  

15 Mar 2012, 2.50 pm  |  Source: Moneycontrol.com

The Survey states that to strengthen transparency and accountability in the implementation of the MGNREGA, the Government has initiated a service deli...

Economic Survey: Public health investment increases substantially in 2011  

15 Mar 2012, 2.40 pm  |  Source: Moneycontrol.com

The combined revenue and capital expenditure of the Centre and states on medical and public health, water supply and sanitation and family welfare has...

Economic Survey: Growth to pick up; rates to come down  

15 Mar 2012, 1.20 pm  |  Source: PTI

Highlights of the Economy Survey 2011-12, a report card of the Indian economic scenario for current fiscal, presented by Finance Minister Pranab Mukhe...

Economic Survey: Industrial growth seen at 4-5% in FY12, may rebound in FY13  

15 Mar 2012, 1.14 pm  |  Source: Moneycontrol.com

At this rate, the Survey the annual growth rate will be less than the annual growth rates achieved in the recent past and far below the potential grow...

Economic Survey: Need rapid fiscal consolidation in FY13  

15 Mar 2012, 1.14 pm  |  Source: Moneycontrol.com

The survey takes note of the Government fighting malaise of inflation with numerous calibrated steps which constituted a combination of policies to im...

Economic Survey: Govt's expenditure on education rises to 3.11% in 2011-12  

15 Mar 2012, 1.02 pm  |  Source: Moneycontrol.com

Sarva Shiksha Abhiyan (SSA) norms have been revised to correspond with the provisions of the RTE Act including norms for sanctioning additional teache...

Economic Survey: Achievements in infrastrucutre sector 'remarkable'  

15 Mar 2012, 12.59 pm  |  Source: Moneycontrol.com

The success in garnering private sector investment in infrastructure through the PPP route during the Plan has laid solid foundation for a substantial...

Economic Survey: Options to ensure price stability in food items  

15 Mar 2012, 12.55 pm  |  Source: Moneycontrol.com

According to Economic Survey 2011-12, compositional shift in food basket of common household has increased demand of some food items....

Economic Survey: FY13 fiscal deficit seen at 4.1% of GDP  

15 Mar 2012, 12.46 pm  |  Source: Reuters

India's fiscal deficit is likely to narrow to 4.1% of the gross domestic product in the fiscal year that starts on April 1, a finance ministry report ...

Economic Survey: Key Takeaways  

15 Mar 2012, 12.23 pm  |  Source: Moneycontrol.com

Economic Survey hightlights...