Economic Survey 2018 News
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The data set release was for the period from September 2017 to February 2018.
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CEA Subramanian said that the growth projections could fluctuate in either direction, based on oil prices during the year.
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The survey pointed out that the lower participation of women in economic activities adversely affects the growth potential of the economy.
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The survey was tabled in Parliament by Finance Minister Arun Jaitley.
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In June 2016, the Cabinet announced a Rs 6,000 crore package for the apparel sector.
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According to Economic Survey, the rise in food inflation in recent months is mainly due to factors driving prices of vegetables and fruits.
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In a bonanza to 48 lakh central government employees, the Union Cabinet in June approved recommendations of 7th Central Pay Commission with 34 modifications.
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Coastal states are responsible for 74.3 percent of India's total exports, the Economic Survey has revealed.
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Insolvency and Bankruptcy Code has provided a resolution framework that will help corporates clean up their balance sheets and reduce debts.
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India is expected to regain the world's fastest growing major economy tag as it is likely to clock 7-7.5 percent growth rate in 2018-19, up from 6.75 percent in the current fiscal, the Economic Survey said.
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The forecast estimates that gross domestic product will have grown 6.75 percent in the current fiscal year ending in March.
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The survey estimates that GDP will have grown 6.75% in the current fiscal year ending in March.
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The Economic Survey of India was tabled in both houses of Parliament on Monday.
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The Economic Survey is the ministry`s view on the annual economic development of the country.
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The Economic Survey of India will be tabled later in the day.
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he Survey has pegged 2018-19 GDP growth at 7-7.5 percent saying that current high oil prices remains a major concern.
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