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Survey makes case for correction in inverted duty structure
Use crop residue as alternate fuel
1.5 lakh Ayushman Bharat Health & Wellness Centres to be set up by 2022
Economic Survey revives an old tale about Microsoft
Production pattern is not in sync with the demand
5 things about India you probably didn’t know before today
The key that could get the FM more fiscal room
Let’s not pretend FM’s Budget can solve our deep structural problems: Aiyar
Smart City Mission: 5,151 projects at various stages of implementation
Notable turnaround in mineral production due to policy reforms
Enhancing efficiency of PSBs: The way forward
The Economic Survey also observes that over Rs. 4,30,000 crores of taxpayer money is invested as Government’s equity in PSBs. In 2019, every rupee of taxpayer money is invested in PSBs, on average, lost 23 paise. The state of the banking sector in India, therefore, needs urgent attention.
How India reached 3rd place in the world in new firms creation?
Uptick in retail prices in FY20 mainly on veggies, pulses
Government intervention is required when there is market failure, says CEA
Government intervention is required when there is market failure, the market failures today are much less than they were in the 1950s or the 1980s; this should be considered while reviewing our laws, says CEA.
The key that could get the FM more fiscal room
Is power demand a reliable gauge of economy’s health?
“For example, growth in electricity consumption was negatively correlated with real GDP growth in 1980-84, positively so in 1985-89, negatively so in 1990-99, positively so in 2000-04 and negatively so in 2005-09, flipping signs four times before 2011, the year of methodology revision,” the survey said.
A new health index for the NBFC sector
To enable policy makers to track financial fragility, a new health index has been proposed for the NBFC sector, says CEA.
Thalinomics: The economics of a plate of food in India
There is no better way to relate economics to the common person than by looking at the price of a plate of food paid by an Indian. Thalis have become more affordable since 2006-07.
How India can capture significant value through exports
By focusing on products that are manufactured across global value chains, India can capture significant value through exports and job creation.
What India needs to learn from China
The entire difference in export performance between India and China is explained by specialization; China has specialized in labor-intensive factors, India needs to do the same.
In India, buying a pistol is much easier than opening an eatery
It takes more documents to open a restaurant in Delhi as compared to documents needed for a license to procure new arms and major fireworks, says the Economic Survey for 2019-20.
Wealth creation through entrepreneurship at the grassroot
A paradigm shift in the power sector
Two pillars for wealth creation
- The invisible hand of the market
- The hand of trust
A clear message for Sitharaman before tomorrow’s big Budget
The $1.4 trillion road to a better economy
10 new ideas for markets and the economy
The economy of thalis
Making an attempt to quantify what a common person pays for a ‘thali’ across India, the Economic Survey on Friday said the affordability of vegetarian ‘thalis’ improved by 29 per cent while that of non-vegetarian by 18 per cent during the 2006-07 and 2019-20 period.
The biggest obstacle to Modi’s $5 trillion dream? Cronyism
Citing examples of 2G spectrum scam, the Chief Economic Advisor has cautioned the government against policies that favor a few firms over the larger welfare of all. The Economic Survey favors pro-business policies and cautions against pro-crony policies that lead to wealth erosion.
What caused the slowdown? Lagged effect of reduced investment
Economic dominance is always driven by the creation of wealth, says CEA
The best places to set up business in India
Literacy is not the only criteria for developing an entrepreneurial spirit, but it does have a disproportionately positive role when state literacy is above 70 percent. These are the States that are helping the government realise its ‘Startup India’ dream.
A Temasek-like model to put divestment on aggressive track
Firms that borrowed a lot during 2008-12 invested less during 2013-17
There has been a boom and bust in the share of corporate loans in non-food credit: CEA
For close to 3/4th of recorded economic history, India has been a dominant economic power
All groups of countries have slowed down, in a globalized economy, India too has felt the effect
Share of corporate loans reached their peak in 2013
– CEA Krishnamurthy
Govt accepts slowdown in the economy, largely due to the slump in the global economy
– CEA Krishnamurthy
The rupee note is also a symbol of the wealth
– CEA Krishnamurthy Subramanian
The cover of the survey captures the Rs 100 new note and combines the old with the new
The theme for this economic survey is wealth creation
– CEA on the Economic Survey
How India can enhance efficiency of PSBs
The survey proposes creation of Fin tech Hub for PSBs – the Public Sector Banking Network (PSBN) Part-Ownership of PSBs by employees through Employee Stock Option Plans.
How to solve India’s jobs crisis, the China way
Case for MPC to not respond to transitory spike in CPI
India needs revision of rates and coverage under NFSA
The best places to set up a business in India
- Uttar Pradesh
- Andaman & Nicobar Islands
State of the banking sector in India needs urgent attention, alerts Economic Survey
Boosting entrepreneurship at grassroots
Boosting export: Integrate ‘Assemble in India for the World’ into ‘Make In India’
Specialisation and quantity expansion to help India to become a major exporter.
Two points that can get Modi his $5 trillion:
- Promoting ‘pro-business’ policy that unleashes the power of competitive markets to generate wealth
- Weaning away from ‘pro-crony’ policy that may favor specific private interests
Govt intervention hindrance or help for India?
Government interventions like debt waiver or food subsidies end up creating distortions in the functioning of the free market. The Survey says that debt waiver scehems disrupt credit culture and disrupt formal credit flow to the very farmers it aims to benefit.
Reduce formal credit flow to the very same farmers, defeating the purpose
Debt waivers disrupt the credit culture
Freebies are injurious to the economy’s health
Beneficiaries consume less, save less, invest less and are less productive after the waiver
India needs aggressive disinvestment of CPSEs
- Bring in higher profitability
- Promote efficiency
- Increase competitiveness
- Promote professionalism
Survey Findings: Key drivers of Rollover Risk of Shadow banking system
- Asset Liability Management (ALM) Risk
- Interconnectedness Risk
- Financial and Operating Resilience of an NBFC.
- Over-dependence on short-term wholesale funding
It’s all about Thalinomics
Finally, the Survey makes an attempt to relate economics to the common man using something that an individual encounters every day – a plate of food i.e a Thali.
India striving to combine sustainability & economic development