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Economic Survey on India's economic growth

Economic Survey on India's economic growth Syllabus subtopic: Indian Economy and issues relating to Planning, Mobilization of Resources, Growth, Development and Employment.   Prelims and Mains focus: on the suggestions and observations made in the survey related to India’s economic growth   News: The Economic Survey, authored by the Chief Economic Adviser (CEA), said that the government must use its strong mandate to deliver expeditiously on reforms which will

Economic Survey on entrepreneurship

Economic Survey on entrepreneurship Syllabus subtopic: Indian Economy and issues relating to Planning, Mobilization of Resources, Growth, Development and Employment.   Prelims and Mains focus: on the remarks made in the survey regarding entrepreneurship   News: The Economic Survey said that India currently ranks third globally in the number of new firms created with about 1.24 lakh new entities coming up in 2018.   Entrepreneurship scenario in India As p

Economic Survey on Privatisation

Economic Survey on Privatisation Syllabus subtopic: Indian Economy and issues relating to Planning, Mobilization of Resources, Growth, Development and Employment.   Prelims and Mains focus: about the suggestions/observations made in the survey regarding the disinvestment of CPSEs   News: The Economic Survey has aggressively pitched for divestment in public sector undertakings (PSUs)   Observations and suggestions made in the survey The government can tr

Economic Survey 2021

Economic Survey 2021 The forthcoming Economic Survey will tell us about the state of the economy based on available empirical evidence. The first advance estimates of national income published on January 7 project a contraction of 7.7% for real GDP. The Q2 GDP estimates published by the National Statistical Office, Ministry of Statistics and Programme Implementation (MOSPI) on November 27 had suggested an economic recovery in India. An improvement in the rate of contraction from 2

Key Highlights of Economic Survey 2020-21

Key Highlights of Economic Survey 2020-21 Union Minister for Finance and Corporate Affairs, Smt. Nirmala Sitharaman presented the Economic Survey 2020-21 in 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 a Once-in-a-Century Crisis India focused on saving lives and livelihoods by its willingness to take short-term pain for long-term gain, at the onset of the COVID-19 pan

External Sector

External Trade  COVID-19 pandemic led to a sharp decline in global trade, lower commodity prices and tighter external financing conditions with implications for current account balances and currencies of different countries. •           India’s forex reserves at an all-time high of US$ 586.1 billion as on January 2021, covering about 18 months’ worth of imports. •       &

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