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Economic Survey 2018: Highlights

With Gross Domestic Product (GDP) growth averaging 7.5 per cent between 2014-15 and 2016-17, India can be rated as among the best performing economies...

Economic Survey 2016 -17

The Indian Economy has sustained a macro-economic environment of relatively lower inflation, fiscal discipline and moderate current account deficit coupled with broadly stable rupee-dollar...

Revised National Income Data Released

The Central Statistics Office (CSO), Ministry of Statistics and Programme Implementation has released the First Revised Estimates of National Income, Consumption Expenditure, Saving and...

Economic Survey – Volume 2

Overall macro-vulnerability index (MVI) combines a country’s fiscal deficit, current account deficit, and inflation. The index is thus comparable across countries and across time. In...

External Sector

In its Update, published on 20 January 2015, the IMF projected the global economy to grow from 3.3% in 2014 to 3.5% in 2015...

Agriculture and Food Mangement

Average Wholesale Price Index inflation declined to 3.4% in 2014-15 (April- December) as compared to an average of 6% during 2013-14. The WPI inflation...

Industry and Infrastructure

As per recently released data on national accounts, with 2011-12 as base year, industrial growth in 2012-13 and 2013-14 at 2.4% and 4.5% is...

Services Sector

In 2013 in the US$ 75.6 trillion world gross domestic product (GDP)(at current prices) the share of services improved marginally to 66.0% while growth...

Climate Change and Sustainaible Development

A major development attracting attention worldwide has been the Joint Announcement on Climate Change by the United States and China— the world’s two largest...

Social Infrastructure and Human Development

By 2020, India is projected to be the youngest nation in the world in terms of size. As per provisional results of Census 2011, 2001-11...

Monetary Mangement

Several reform initiatives were taken in the banking and insurance sector in 2014- 15. These include allowing banks to raise capital from the market...

Public Finance

The Budget for 2014-15 envisaged a fiscal deficit target at 4.1% of GDP and sought to reduce it further to 3% of GDP by...

State of the Indian Economy

AN OVERVIEW Central Statistics Office (CSO) has recently revised the national accounts aggregates by shifting to the new base of 2011-12 from the earlier base...