Economic Survey 2021 to be tabled today: All you need to know about CEA KV Subramanian The CEA has been part of several expert committees in the past. Most famously, he has been part of the PJ Nayak Committee FP Trending January 29, 2021 13:06:38 IST
The Government of India will be presenting the Economic Survey 2021 in the Parliament today (29 January), setting the stage for the Union Budget.
The Economic Survey is a detailed report on the condition of the country’s economy in the past one year and it is prepared by the Economic Division of the Department of Economic Affairs (DEA) under the guidance of the government’s Chief Economic Advisor (CEA).
Jan 29, 2021 19:48 (IST)
Nominal GDP to grow by 15.4% - the highest since independence
According to the advance estimates by National Statistics Office (NSO), the country s real GDP to record a 11.0 per cent growth in financial year 2021-22 and the nominal GDP is likely to grow by 15.4 per cent - the highest since independence
Jan 29, 2021 19:05 (IST)
Government needs to see agriculture as modern business enterprise
The Economic Survey noted that the government to see farm sector as a modern business enterprise for which urgent reforms are required to enable sustainable and consistent growth. The agricultural sector has shown its resilience amid the adversities of COVID-19 induced lockdowns.
Economic Survey pegs 2021-22 GDP growth at 11%
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Economic Survey pegs 2021-22 GDP growth at 11%
PTI / Updated: Jan 29, 2021, 15:22 IST
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Nirmala Sitharaman presenting the Economic Survey in Lok Sabha (File photo)
NEW DELHI: Finance minister Nirmala Sitharaman on Friday presented the Economic Survey that details the state of the economy ahead of the government s Budget for fiscal year beginning April 1, 2021.
The Economic Survey 2020-21, authored by a team led by chief economic adviser (CEA) Krishnamurthy Venkata Subramanian, details the state of different sectors of the economy as well as reforms that should be undertaken to accelerate growth.
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India s economy is likely to grow by 11 per cent in the fiscal year beginning April 1 as a vaccine drive and rebound in consumer demand help it emerge from the carnage inflicted by a strict coronavirus lockdown, the Economic Survey said on Friday. The rebound will follow an estimated 7.7 per cent contraction in the Gross Domestic Product (GDP) in the current financial year ending March 31, the document an annual report card on the economy tabled in Parliament by Finance Minister Nirmala Sitharaman said. This is the steepest annual contraction of the economy in the history of independent India. The economy had last witnessed its last annual contraction of 5.2 per cent in the fiscal year 1979-80.
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Union Finance Minister Nirmala Sitharaman tabled the Economic Survey 2020-21 in Parliament on Friday, two days before the Union Budget is presented during the budget session of Parliament.
The Economic Survey 2020-21, authored by a team led by Chief Economic Adviser Krishnamurthy Venkata Subramanian, details the state of different sectors of the economy as well as reforms that should be undertaken to accelerate growth.
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The annual survey analyses the trends in infrastructure, agricultural and industrial production, employment, prices, exports, imports, money supply, foreign exchange reserves and other factors having an impact on the Indian economy and the budget.