ECONOMIC SURVEY CONSERVATIVELY PROJECTS A REAL GDP GROWTH OF 6.5–7 PER CENT IN FY25
ECONOMIC SURVEY CONSERVATIVELY PROJECTS A REAL GDP GROWTH OF 6.5–7 PER CENT IN FY25
REAL GDP GROWS BY 8.2 PER CENT IN FY24; EXCEEDS 8 PER CENT IN THREE OUT OF FOUR QUARTERS
RETAIL INFLATION DECLINES TO 5.4 PER CENT IN FY24 DUE TO DEFT ADMINISTRATIVE AND MONETARY POLICIES
ECONOMIC GROWTH OF 8.2 PER CENT SUPPORTED BY INDUSTRIAL GROWTH RATE OF 9.5 PER CENT
29 STATES AND UNION TERRITORIES WITNESS INFLATION RATE BELOW 6 PER CENT
INDIA’S BANKING AND FINANCIAL SECTOR DISPLAYS STELLAR PERFORMANCE; RBI MAINTAINS STEADY POLICY RATE
DOUBLE-DIGIT AND BROAD-BASED GROWTH IN BANK CREDIT
AGRICULTURE AND ALLIED ACTIVITIES WITNESS DOUBLE DIGIT GROWTH IN CREDIT
RBI PROJECTS INFLATION TO FALL TO 4.5 PER CENT IN FY25
INDIA TOP REMITTANCE RECIPIENT COUNTRY GLOBALLY WITH USD 120 BILLION IN 2023
SIX KEY FOCUS AREAS IN AMRIT KAAL – BOOST PRIVATE INVESTMENT, EXPANSION OF MSMES, AGRICULTURE AS GROWTH ENGINE,
FINANCING GREEN TRANSITION, BRIDGING EDUCATION-EMPLOYMENT GAP, AND CAPACITY BUILDING OF STATES
INDIA MAKES PROGRESS ON CLIMATE ACTION AND ENERGY EFFICIENCY; 45.4 PER CENT INSTALLED ELECTRICITY GENERATION FROM NON-FOSSIL SOURCES
INDIA DECOUPLES ECONOMIC GROWTH FROM GREENHOUSE GAS EMISSIONS; GDP STANDS AT 7% WHILE EMISSIONS WERE AT 4% BETWEEN 2005-19
GINI COEFFICIENT DECLINES, UNDERSCORES SOCIAL SECTOR INITIATIVES REDUCE INEQUALITY
MORE THAN 34.7 CRORE AYUSHMAN BHARAT CARDS GENERATED, 7.37 CRORE HOSPITAL ADMISSIONS COVERED
22 MENTAL DISORDERS COVERED UNDER AYUSHMAN BHARAT
RAPID PROGRESS IN R&D, ONE LAKH PATENTS GRANTED IN FY24, COMPARED TO LESS THAN 25,000 IN FY20
NET PAYROLL ADDITIONS TO EPFO MORE THAN DOUBLES FROM 61.1 LAKH IN FY19 TO 131.5 LAKH IN FY24
GIG WORKFORCE TO EXPAND TO 2.35 CRORE BY 2029–30
AGRICULTURE AND ALLIED SECTORS REGISTER AVERAGE ANNUAL GROWTH RATE OF 4.18 PER CENT OVER LAST 5 YEARS
ALLIED AGRI SECTORS EMERGING AS ROBUST GROWTH CENTRES AND SOURCES FOR IMPROVING FARM INCOMES
INVESTMENT IN AGRICULTURE RESEARCH CONTRIBUTES TO FOOD SECURITY; FOR EVERY RUPEE INVESTED, PAYOFF OF ₹13.85
INDIA’S PHARMA MARKET WORLD’S THIRD LARGEST AT USD 50 BILLION
PLI SCHEMES KEY IN ACHIEVING ‘AATMANIRBHAR BHARAT’ ATTRACT ₹1.28 LAKH CRORE INVESTMENT
INDIA’S SERVICES EXPORTS CONSTITUTE 4.4 % OF WORLD’S COMMERCIAL EXPORTS IN 2022
INDIA’S SHARE IN DIGITALLY DELIVERED SERVICES EXPORTS STANDS AT 6% IN 2023; INDIA HAS 1,580 GLOBAL CAPABILITY CENTRES
INDIA WITNESSES 92 LAKH FOREIGN TOURIST ARRIVALS IN 2023
INDIAN E-COMMERCE INDUSTRY SET TO CROSS USD 350 BILLION BY 2030
AVERAGE PACE OF NH CONSTRUCTION INCREASES 3 TIMES FROM 11.7 KM PER DAY IN FY14 TO AROUND 34 KM PER DAY BY FY24
RAILWAYS CAPEX INCREASES BY 77 PERCENT IN THE PAST 5 YEARS
NEW TERMINAL BUILDINGS AT 21 AIRPORTS OPERATIONALISED
MISSION LIFE FOCUSES ON HUMAN-NATURE HARMONY PROMOTING MINDFUL CONSUMPTION
ECONOMIC SURVEY 2023-24 HIGHLIGHTS
Economic Survey 2023-24 was tabled in Parliament today by Union Minister for Finance and Corporate Affairs, Smt. Nirmala Sitharaman. The main highlights of the Economic Survey are as follows;
Chapter 1: State of the Economy – Steady as She Goes
Chapter 2: Monetary Management and Financial Intermediation- Stability is the Watchword
Chapter 3: Prices and Inflation- Under Control
Chapter 4 : External Sector – Stability Amid Plenty
Chapter 5: Medium-Term Outlook – A Growth Strategy for New India
Chapter 6: Climate Change and Energy Transition: Dealing with Trade-Offs
Chapter 7: Social Sector – Benefits that Empower
Chapter 8: Employment and Skill Development: Towards Quality
Chapter 9: Agriculture and Food Management – Plenty of Upside Left If We Get It Right
Chapter 10: Industry – Small and Medium Matters
Chapter 11: Services – Fuelling Growth Opportunities
Chapter12: Infrastructure – Lifting Potential Growth
Chapter 13: Climate Change and India: Why We Must Look at the Problem Through Our Lens