Right off the bat, in its preface section, the survey looks at the advantages of two recent and contentious policy decisions, demonetisation and a hastily-rolled out Goods and Services Tax GST regime.
Her head held high, and looking everyone in the eye, Unafraid of anyone because of innate integrity, Possessing assuredness born of courage of conviction, The Modern Woman never feels inferior to Economic survey of india - The translation the Survey carried The survey says "the challenge is historical and longstanding, no one stakeholder is responsible for creating it or solving it.
On gender, society as a whole-civil society, communities, households - and not just any government must reflect on a societal preference, even meta-preference for a son". The Survey underlines because "The intrinsic values of gender equality are uncontestable.
Now there is growing evidence that there can also be significant gains in economic growth if women acquire greater personal agency, assume political power and attain public status, and participate equally in the labor force, the Survey quotes citing Dollar and Gatti, ; Lagarde, ; Loko and Diouf, ".
Bullet 6 of this list is unfortunately not a new fact. That Indian parents still have children until they get the desired number of sons!
He stresses that this makes it imperative that this is perhaps the area where Indian society - and this goes beyond governments to civil society, communities, and households - needs to reflect on the most is what might be called "son preference" where development is not proving to be an antidote.
Son preference giving rise to sex selective abortion and differential survival has led to skewed sex ratios at birth and beyond, leading to estimates of 63 million "missing" women as ofmissing either due to sex selective abortion, disease, neglect, or inadequate nutrition.
While active sex selection via fetal abortions is widely prevalent, son preference can also manifest itself in a subtler form. Parents may choose to keep having children until they get the desired number of sons.
This is called son "meta" preference. A son "meta" preference — even though it does not lead to sex-selective abortion — may nevertheless be detrimental to female children because it may lead to fewer resources devoted to them, Dr Subramanian observes in another section of the chapter.
At his press conference, here is what the Chief Economic Advisor Dr Subramanian had to say on the Twin Balance Sheet Problem that the survey touched upon and we highlighted below: I think now we are well ahead on all of them.
There is both a bleak and a hopeful pointer from similar episodes in other countries. Cross-country evidence indicates a notable absence of automatic bounce-backs from investment slowdowns. The deeper the slowdown, the slower and shallower the recovery.
At the same time, it remains true that some countries in similar circumstances have had fairly strong recoveries, suggesting that policy action can decisively improve the outlook. Taken together, the results suggest a clear - and urgent - policy agenda which the government has launched; first with the step-up in public investment since ; and now, given the constraints on public investment with policies to decisively resolve the TBS Twin Balance Sheet challenge.
These steps will have to be followed up, along with complementary measures: In addition, creating a conducive environment for small and medium industries to prosper and invest will help revive private investment.
The focus of investment-incentivizing policies has to be on the big and small alike. The 'animal spirits' need to be conjured back. Investment slowdown not yet over: Survey While noting that raising investment is more important than raising savings, the Survey underlines that "India's investment slowdown is not yet over although it has unfolded much more gradually than in other countries, keeping the cumulative magnitude of the loss — and the impact on growth — at moderate levels so far".
Growth is picking up, because of the temporary impact of demonetisation and GST is fading. I think, exports have ticked off quite briskly in 3 quarters- Dr Subramanian There is a robust revival. There are several indicators of revival- investments, exports, net private transfers, credit has started to pick up.
The level is below potential. In terms of direct economy, the economy is picking up - Chief Economic Advisor Dr Arvind Subramanian in the press conference he is currently holding on the Economic Survey So, can higher savings alone fuel increased growth.
Dr Subramanian doesn't think so as he underlined in the eighth of his 10 new facts in Economic Survey Top Ten New Facts on Indian economy in the survey: Large increase in registered indirect and direct taxpayers.
Formal non-agricultural payroll much greater than believed States prosperity is positively correlated with their interational and inter-state trade India's firm export structure is substantially more egalitarian than in other large countries. Clothing incentive package boosted exports of readymade garments.
Indian parents continue to have children until they get the desired number of sons.The survey also detailed that India remained the eighth largest exporter of commercial services in the world in with a share of per cent.
This is double the share of India’s merchandise exports in the world at percent. India’s services sector registered an export growth of per cent in India’s ecommerce market has reached $33 Bn registering a % growth in , says the recently-published Indian government’s Economic Survey The ecommerce market value is still.
This course will analyse the fiscal development during and cover the entire chapter on 'Review of Fiscal development' of Economic survey It also looks into the topics relevant to the examination and what all points should be incorporated in the answer writing.
The Economic Survey’s concern over crude oil prices stems from India’s energy import bill of around $ billion, expected to reach $ billion by Last Published: Wed, Feb 01 01 The Economic Survey has estimated that the Indian economy will grow by % in , thereby re-instating India as the world’s fastest-growing major economy.
India will need about $ trillion in the next 25 years for infrastructure development, of which it will be able to garner about $ trillion, the Economic Survey said Monday.