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Economic Survey 2009-10

Firms wary of basic banking licence model

Firms wary of basic banking licence model

The finance ministry's plan to offer basic...
Business News Mon, Feb 28, 2011
This is what the Economic Survey 2010-11 says!

This is what the Economic Survey 2010-11 says!

Finance Minister Pranab Mukherjee...
Business News Fri, Feb 25, 2011
Telecom revolution yet to reach 62,000 villages

Telecom revolution yet to reach 62,000 villages

India may have achieved a teledensity of...
Business News Fri, Feb 25, 2011
'Economic growth could rise to 10% in 3 years'

'Economic growth could rise to 10% in 3 years'

Referring to the impact of political...
Business News Fri, Feb 25, 2011
Economic survey is all hunky dory: Industry

Economic survey is all hunky dory: Industry

The industry today said the Economic...
Business News Fri, Feb 25, 2011
'Work with G20 to contain foreign capital flow'

'Work with G20 to contain foreign capital flow'

Capital flows into India this fiscal year...
Business News Fri, Feb 25, 2011
High commodity prices, costs impact H1 profits

High commodity prices, costs impact H1 profits

Net profit of the private sector entities...
Business News Fri, Feb 25, 2011
Survey done a good job; inflation a concern: Pranab

Survey done a good job; inflation a concern: Pranab

Inflation stood at at a high of 8.23 per...
Business News Fri, Feb 25, 2011
FIIs invested Rs 1.12 lakh cr in 2010

FIIs invested Rs 1.12 lakh cr in 2010

"The year 2010 has been one of strong...
Business News Fri, Feb 25, 2011
Aviation industry saw strong recovery in 2010

Aviation industry saw strong recovery in 2010

Economic Survey says Indian carriers...
Business News Fri, Feb 25, 2011
Inflation, high oil prices could hurt growth

Inflation, high oil prices could hurt growth

Ahead of the Budget, the Survey made a...
Business News Fri, Feb 25, 2011
Fiscal deficit to be lower at 4.8% in 2011: Survey

Fiscal deficit to be lower at 4.8% in 2011: Survey

The Economic Survey today pegged the...
Business News Fri, Feb 25, 2011
Survey calls for pension reforms

Survey calls for pension reforms

Making a case for reforms in the pension...
Business News Fri, Feb 25, 2011
Inflation remains a concern: Pranab

Inflation remains a concern: Pranab

Endorsing the Economic Survey's emphasis...
Business News Fri, Feb 25, 2011
Survey bats for banking licences for industrial houses

Survey bats for banking licences for industrial houses

Pitching for industrial houses wanting to...
Business News Fri, Feb 25, 2011
Focus on better convergence of social schemes: Economic Survey

Focus on better convergence of social schemes: Economic Survey

The government needs to work on how to...
Business News Fri, Feb 25, 2011
Aviation industry saw strong recovery in 2010

Aviation industry saw strong recovery in 2010

The civil aviation industry, which was hit...
Business News Fri, Feb 25, 2011
Employment sees upward trend

Employment sees upward trend

An upward trend in employment has been...
Business News Fri, Feb 25, 2011
Survey calls for major reforms in power sector

Survey calls for major reforms in power sector

The survey pointed out that the...
Business News Fri, Feb 25, 2011
The Economic Survey on Thursday made a case for streamlining land acquisition and environmental clearance policy to encourage development of infrastructure projects and called for setting up of a 'National Forest Land Bank' in this regard.

Amid increasing problems faced in acquiring forest lands for commercial purposes, the Survey for 2010-11 tabled in Parliament said there should be parity in the compensation package paid. It said there was an 'urgent need to streamline land acquisition and environment clearance for infrastructure projects.'

he Survey called for bringing parity between the compensation package admissible under the Land Acquisition Act, 1894 and that applicable to land acquisition under the National Highways Act, 1956.

It said a National Forest Land Bank would help in reducing approval time for forest clearance.

The reformist agenda of the Economic Survey comes close on the heels of the address of the President Pratibha Patil.

The President had earlier this week stressed on the needs to work on reform-friendly policies to attract increased overseas investment in the country, amid a decline in overseas inflows.

"We have to strive to make the domestic environment more conducive to investment, encouraging public as well as private investment and domestic as well as foreign investment, particularly foreign direct investment," Patil said in her address to Parliament.

The Survey also stressed on the need for encouraging increased investments in infrastructure and private sector participation.

"Need to explore avenues for increasing investment in infrastructure.

Public-private-partnership projects and occasionally exclusive private investment wherever possible," the Survey said.

As India plans to increase its infrastructure spending in the 12th Plan (2012-17) to $1 trillion, the Survey recommended, "huge capacity addition in infrastructure in a time- bound manner."

The Survey also stressed on an efficient taxation system by the proposed new tax regime under Goods and Services Tax.

It also called for better convergence among government schemes in order to avoid duplications and leakage and to ensure that benefits reach the targeted groups.

"Private sector participation in social sectors, such as health and education in the form of public-social-private partnership, could be one of the possible alternatives. . .," the Survey said.

It added that the government should give priority in developing rain-fed area besides effective marketing links for better returns to the farmers.

The Survey called for improvement in the Mahatma Gandhi National Rural Employment Guarantee Scheme, such as shifting to permanent asset building and infrastructure development activities to reduce transaction costs, better monitoring and extension of the scheme to urban areas.

Survey for setting up National Forest Land Bank

Survey for setting up National Forest Land Bank

Amid increasing problems faced in...
Business News Fri, Feb 25, 2011
Industrial output grows by 8.6 per cent

Industrial output grows by 8.6 per cent

IIP-based cumulative industrial output...
Business News Fri, Feb 25, 2011
Indian economy: A tale of robust growth

Indian economy: A tale of robust growth

The growth rate has been 8.6 per cent in...
Business News Fri, Feb 25, 2011
Rise in food prices a cause of concern

Rise in food prices a cause of concern

The Economic Survey tabled today in the...
Business News Fri, Feb 25, 2011
Services sector may register 9.6 per cent growth

Services sector may register 9.6 per cent growth

The Survey presented by the Union Finance...
Business News Fri, Feb 25, 2011
Infrastructure: A mixed bag

Infrastructure: A mixed bag

The Economic Survey 2010-11 states that...
Business News Fri, Feb 25, 2011
Agriculture grew at 5.4% during 2010-11

Agriculture grew at 5.4% during 2010-11

The Survey points out that the increased...
Business News Fri, Feb 25, 2011
What the Economic Survey is likely to say

What the Economic Survey is likely to say

The robust performance of the Indian...
Business News Wed, Feb 23, 2011
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