Tag «Economic Survey»

Services Sector Clocks Double Digit Growth 

Economic Survey says Services Sector Negotiations at WTO Crucial, Seeks Removing Market Access Barriers and Domestic Regulations India’s dynamic Services Sector clocked double digit growth rate of 10.6 per cent as per the Advance Estimate during the current financial year, as compared to 9.1 per cent in the last fiscal (FY 2013-14). Contributing almost 72.4 …

Economic Survey highlights the need for balance between ‘Make in India’ and ‘Skilling India’ 

  Economic Survey 2014-15 discusses the “Make in India” the flagship initiative and a key policy objective of the new government. The Survey contemplates “What should India make?Manufacturing or Services? ” As a prelude, the Survey states that, in order to bring about expansion and structural transformation, India should utilize its dominant resource of unskilled …

Economic Survey: Growth Forecast

Growth forecast for Next Fiscal to remain between 5.4 to 5.9 per cent. Improvements in Current Account and Fiscal deficits to spur higher growth in 2014-15 A record food grains production of over 264 million tonnes is estimated in 2013-14 indicating an increase of 20 million tonnes in last 5 years Indian economy is likely …

Economic Survey: Core Eight

Performance of Core Industries and Infrastructure Services shows a Mixed Trend in 2013-14; Survey Calls for enhanced Infrastructure Investment, Improving Productivity and Removing Procedural Bottlenecks Major sector-wise performance of core industries and infrastructure services during 2013-14 shows a mixed trend. While the growth in production of power and fertilizers was comparatively higher than in 2012-13, …

Economic Survey: Urgent Initiatives in Infrastructure, Iron and Steel, Textiles, Aviation, and Mining

The RBI in its Financial Stability Report, December, 2013 has indentified five sectors – infrastructure, iron and steel, textiles, aviation, and mining – as the stressed sectors.  PSBs have high exposures to the “industry” sector in general and to such “stressed” sectors in particular.  The survey mentions that the increase in NPAs of banks is …