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The survey finds investment as the key driver that can create a self-sustaining virtuous cycle in India.

Virtuous cycle of savings, investment & exports can drive GDP growth

The presence of a triggering macro-economic key driver that catalyses the economy into a virtuous cycle is critical.

5 July 2019 1:56 AM IST

India has been the worlds fastest growing major economy over the past two years.

Economic Survey: Indian economy grows to USD 2.75 trn despite slowing...

India continued to remain the fastest-growing major economy in the world in 2018-19.

4 July 2019 5:12 PM IST

Between 2000 and 2016, British FDI created 371,000 jobs 10 per cent of all jobs created by FDI.

Economic Survey: A blue print for growth and jobs over next 5 years,...

EAC-PM welcomes the emphasis of the Survey on fiscal consolidation, fiscal discipline and investments.

4 July 2019 4:20 PM IST

We see a very positive scenario for infrastructure segment with extra investment lined in for all areas of core infrastructure such as roads, metro rail, expressway, airports and expansion on existing highways: Nitin Lall

Economic Survey: India must spend USD 200 bn on infra annually

As the country has only been able to put USD 100 to 110 billion annually into infrastructure development.

4 July 2019 4:11 PM IST

The finance ministry said that the bill is far more depositor-friendly than in many other countries which provide for statutory bail-in without consent of creditors and depositors.

Economic Survey: FinMin makes progress in strategic sale of 28 CPSEs

DIPAM had raised about Rs 85,000 crore from CPSE disinvestment in 2018-19.

4 July 2019 3:45 PM IST

Under the companys plan, Answers will lower its debt by $471 million, according to documents filed in Manhattans US Bankruptcy Court.

Economic Survey: Debt recovery strengthened, claims of Rs 1.73 lakh cr...

The Survey said that IBC has initiated a cultural shift in the dynamics between lender and borrower, promoter and...

4 July 2019 3:31 PM IST

Income support schemes the Congresss Nyay for 20 per cent of the poorest households and the BJPs PM Kisan scheme for farmers with less than two hectare of land, are both progressive social protection measures.

Economic Survey: Govt calls for new policies to improve water...

The agriculture sector had investment rate much less than half of that of services and industry sectors.

4 July 2019 3:23 PM IST

Mauritius is compliant with all OECD norms, including the Global Forum on Transparency and Exchange of Information for Tax Purposes.

Economic Survey: GDP ratio dips to 10.9 pc on shortfall in indirect...

In 2018-19, direct taxes grew by 13.4 per cent owing to improved performance of corporate tax.

4 July 2019 3:11 PM IST

FIPB takes a call on proposals for FDI in ocuntry.

Economic Survey: Govt may further ease FDI norms to bridge current...

The deficit increased to USD 57.2 billion or 2.1 per cent of gross domestic product (GDP) in 2018-19.

4 July 2019 3:02 PM IST

Foodgrains, rice, wheat, pulses, come under Aadhaar-enabled direct benefit transfer, DBT, scheme. (Photo: PTI)

Economic Survey: Rationalisation of burgeoning food subsidy bill

Govt had pegged food subsidy bill at Rs 1,84,220 crore for 2019-20 as against Rs 1,71,298 crore last year.

4 July 2019 2:16 PM IST

RBI Governor Urjit Patel at a press conference after the monetary policy review meeting in Mumbai. (Photo: PTI)

A mess: Patel admits RBI was slow to take timely measures

Patel said an asset quality review for the NBFCs is inevitable' given their interconnectedness in financial system.

4 July 2019 1:37 PM IST

Additionally, the hasty implementation of GST has again hit the economy hard, resulting in a serious economic slowdown.

Economic Survey 2018-19 highlights

India continues to remain the fastest-growing major economy in the world in 2018-19.

4 July 2019 1:30 PM IST