Full Coverage: Economic Survey
Sector needs urgent reforms to boost crop yields and private investment in infrastructure.
- Economic Survey said the overall performance of steel sector is "optimistic".
- High rates of entertainment tax is inhibiting growth of film industry.
- Power sector would require this investment to achieve targeted capacity addition of 1,00,000 MW.
- The govt has earmarked Rs 12,000 crore for infusion in the public sector banks (PSBs).
- The target is not being achieved due to delays in land acquisition, the economic survey said.
- Diesel price needs to be revised upward, or subjected to higher taxes, the survey says.
- The efforts of the govt to revive the Department of Posts (DoP) seem to be bearing fruits.
- Failing which, Survey asked the govt to pay a fixed amount per litre as diesel subsidy.
- India is on an advantageous position over many nations now because of its large domestic market.
- The much-talked about FDI in multi-brand retail would come into effect in a "phased" manner, beginning from metropolitan cities, the Economic Survey 2011-12 said today.
- Credit Disbursement to agri sector exceed target; over 127 lakh new farmers benefitted.
- Economic Survey charts out not only new opportunities but also new challenges and responsibilities.
- Labour Bureau survey indicates upward trend in employment since July 2009.
- Survey outlines some major advancement in the empowerment of women over the years.
- Combined revenue and capital expenditure on public health, water supply and sanitation and family welfare has increased from to Rs. 96,672.79 crore.
- Inflation for March pegged at 5-7%; pace of economic expansion to dip below 7%.
- Economy is likely to pick up pace in the new fiscal year and could grow 7.6 per cent.
- The Economic Survey had forecast over 9 per cent growth next fiscal.
- Basu further said that wholesale price inflation is likely to reach 7 per cent by March.