On February 29, the government revised its growth estimate for the current fiscal year to March 31 to 7.6% from 7.3%.
In the first 8 months of the current fiscal India’s electronics exports jumped by 87 per cent over pre-COVID levels, reveals the government's Economic Survey.
“The GeM has also witnessed tremendous growth in Gross Merchandise Value (GMV) and is catching up with E-commerce giants like Amazon and Flipkart,” the report said.
The spread of the internet also powered the growth of UPI across regions. UPI-led transactions grew 121 per cent in value terms and 115 per cent in volume terms between 2019 and 2022, stated the Survey.
Hitting out at the Centre for 'complete disregard' for the common man, the Thiruvananthapuram Lok Sabha MP claimed that the central government had collected about Rs 4.2 lakh crore last year as tax on petrol and diesel alone
The Survey favoured a phased opening of foreign direct investments in multi-brand retail saying it could help address concerns of consumers and farmers.
Reliance Industries is likely to hit peak output of 80 million standard cubic meters per day from its eastern offshore KG-D6 fields in 2012-13 fiscal, the Economic Survey said on Friday.
Inflation, remains an area of concern which acts as a road block for the economic growth, is expected to be 1.5 per cent higher than projected earlier.
The robust performance of the Indian economy during the ongoing fiscal is likely to prompt the government to peg GDP growth in the 2011-12 fiscal at 9 per cent.
Streamlining environment clearance for infrastructure projects, early introduction of Good and Service Tax and second Green Revolution are among the over a dozen reforms outlined by Economic Survey 2010-11 for accelerating economic growth.
The continuing sovereign debt risk in peripheral euro zone countries and fears that it could spread to the financial sector pose a risk to global recovery, the Economic Survey said on Friday.
Out of the proposed investment, it is projected that at least 50 per cent would have to be come from private sector against about 36 per cent anticipated during the 11th Plan.
Pre-Budget Economic Survey said the outlook for India's trade has brightened with good growth of 29.5 per cent during the third quarter.
The spiralling crisis in the West Asia and rising global commodity prices could increase inflationary pressures at home, the Economic Survey 2010-11 report on Friday warned.
Here are some of the high points of the Economic Survey 2010-11, presented by Finance Minister Pranab Mukherjee in Lok Sabha on Friday.
The Survey called for a 'second Green Revolution with technological breakthrough in the agriculture sector' to boost farm output and ensure food security of the country.
Following are the highlights of Economic Survey for the fiscal year 2010-11, presented in Parliament on Friday





