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Economic survey 2016 News

economic survey 2016

26 Feb 2016

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.

economic survey 2016

26 Feb 2016

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.

economic survey 2016

26 Feb 2016

$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.

26 Feb 2016

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.

26 Feb 2016

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.

economic survey 2016

26 Feb 2016

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.

economic survey 2016

26 Feb 2016

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.

Economic Survey

26 Feb 2016

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.

Economic Survey

26 Feb 2016

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.

Economic Survey

26 Feb 2016

Economic Survey: FDI up 31% at $24.8 bn during Apr-Nov

FDI in April-November 2014 stood at USD 18.9 billion.

Economic Survey

26 Feb 2016

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.

Economic Survey

26 Feb 2016

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.

Economic Survey

26 Feb 2016

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.

Economic Survey

26 Feb 2016

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.

Economic Survey

26 Feb 2016

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.

Economic Survey

26 Feb 2016

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.

Economic Survey

26 Feb 2016

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.

Economic Survey

26 Feb 2016

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.

Economic Survey

26 Feb 2016

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.

Economic Survey

26 Feb 2016

Economic Survey Presented in parliament

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