Economic Survey 2023 Highlights: 'Recovery is complete,' says CEA Nageswaran citing survey

Updated on Jan 31, 2023 02:57 PM IST

Economic Survey 2023 Highlights: Earlier in the day, finance minister Nirmala Sitharaman tabled the annual pre-budget document in Lok Sabha.

CEA Nageswaran (centre) presents Economic Survey 2023 (Doordarshan)
CEA Nageswaran (centre) presents Economic Survey 2023 (Doordarshan)

Economic Survey 2023 Highlights: Finance minister Nirmala Sitharaman on Tuesday tabled the annual pre-budget Economic Survey in Lok Sabha, nearly twenty-four hours before she is scheduled to present the Union budget in the lower House of Parliament.

At 2 pm, chief economic advisor (CEA) Dr V Anantha Nageswaran addressed a press conference, in which he unveiled the document for the public.

Sitharaman's speech, meanwhile, was preceded by President Droupadi Murmu's pre-budget session address, made to members of both Rajya Sabha and Lok Sabha in a joint session; the President's address marks the beginning of Parliament's budget session. Also, this was President Murmu's maiden budget session speech since assuming office in July last year, when she became the country's second female head of state (after Pratibha Patil).

Follow all the updates here:

  • Jan 31, 2023 02:57 PM IST

    ‘India’s economy poised to do better': CEA Nageswaran

    In its World Economic Outlook Update, the IMF has maintained India's GDP forecast for current FY at 6.8%, next FY at 6.1% & for 2024-25 at 6.8%. India's economy is poised to do better in remainder of this decade: Dr V Anantha Nageswaran, CEA. Read

  • Jan 31, 2023 02:23 PM IST

    CEA Nageswaran briefs media

    'Recovery is complete,' says CEA Nageswaran citing Economic Survey 2023, which pegged India's GDP growth for 2023-24 fiscal at 6% to 6.8%.

  • Jan 31, 2023 01:58 PM IST

    'Actual growth rate 5.44%?': Congress on Economic Survey

    "Actual GDP growth for 2023-24 to be 5.44%?" tweets Congress spokesperson Gourav Vallabh on Economic Survey projecting GDP growth of 6% to 6.8% in fiscal year 2023-24

  • Jan 31, 2023 01:35 PM IST

    Here's how to download the survey document

    You can download the document from the website, the government's official website for budget. Read

  • Jan 31, 2023 01:14 PM IST

    India to remain fastest-growing major economy: Sitharaman

    Tabling the pre-budget document, finance minister Sitharaman says it found India will remain fastest-growing major economy, despite a projected lower GDP growth of 6%-6.8%. Read

  • Jan 31, 2023 12:50 PM IST

    Full text of President's speech

    Click here for full text of President Murmu's address.

  • Jan 31, 2023 12:23 PM IST

    What President Murmu said in her address?

    Top quotes from President Droupadi Murmu's address to MPs. Read

  • Jan 31, 2023 12:10 PM IST

    President's speech concludes

    President Droupadi Murmu concludes her address, delivered in Hindi. Vice President Jagdeep Dhankhar reads out select portion from her speech in English.

  • Jan 31, 2023 11:53 AM IST

    ‘Around 90,000 startups in India today’

    In 2015, India was 81st in the global innovation index. Today, however, were are ranked 40. Seven years ago, there were hundreds of registered startups in the country. This number has now grown to around 90,000: President

  • Jan 31, 2023 11:43 AM IST

    ‘Aspirational districts’ scheme being repeated at block level, says President

    “For this, as many as 500 blocks have been identified in the country. The 'Vibrant villages' initiative to develop villages in border areas has also been introduced,” says President.

  • Jan 31, 2023 11:33 AM IST

    '11 crore families covered under Jal Jeevan Mission in 3 years'

    In the past three years, about 11 crore families have been connected with piped water supply in three years under the Jal Jeevan Mission. Poor families are getting the maximum benefit from this: President Murmu

  • Jan 31, 2023 11:18 AM IST

    India providing solutions to the world, says President

    Today, India's self-confidence is at its highest and the world is looking at her from a different perspective. India is providing solutions to the world: President Murmu

  • Jan 31, 2023 11:12 AM IST

    'Have to build an Aatmanirbhar Bharat'

    In maiden pre-budget session speech, President Murmu says citizens have to build an India that is ‘aatmanirbhar’ (self-reliant).

  • Jan 31, 2023 11:10 AM IST

    President arrives for joint address, FM's speech to follow

    President Droupadi Murmu arrives to address joint sitting of both Houses; finance minister's speech to follow.

  • Jan 31, 2023 10:44 AM IST

    Chief economic advisor's press conference at 2 pm

    Dr V Anantha Nageswaran will address a press conference at 2 pm in New Delhi, the finance ministry said.

  • Jan 31, 2023 10:27 AM IST

    Budget session from today

    At 11 am, President Droupadi Murmu will address a joint sitting of members of both Rajya Sabha and Lok Sabha, marking the commencement of Parliament's budget session. After this, the finance minister will table the Economic survey. Read

  • Jan 31, 2023 10:04 AM IST

    In the next fiscal, India's GDP to grow at 6%-6.8%: Officials

    As per people aware of developments, India will continue to be the world's fastest growing major economy in the next financial year, with the official growth estimate likely to be between 6% and 6.8%. Read

  • Jan 31, 2023 09:47 AM IST

    What is Economic survey?

    It gives insights into the economic performance of the country in the past year, highlights performance on major development programmes, government's policy initiatives, and provides an outlook for the next financial year (2023-24, in this case). Read

  • Jan 31, 2023 09:32 AM IST

    Economic survey to be presented today

    On the eve of Union budget, finance minister Nirmala Sitharaman will, on Tuesday, present the annual pre-budget Economic survey in Parliament. Later in the day, chief economic advisor V Anantha Nageswaran will unveil the survey for the public.


Dharmendra Pradhan reviews measures for mental wellness of students in educational institutions

Published on Mar 21, 2023 12:52 AM IST

Union education minister Dharmendra Pradhan on Monday chaired a high-level meeting to review the steps being taken by educational institutions to ensure mental health wellness of students and zero tolerance towards discrimination

Union Education minister Dharmendra Pradhan also directed the ministry to prepare a framework to further safeguard the mental and emotional well-being of students. (ANI)

Centre may overhaul key PMSYM pension scheme

Published on Mar 21, 2023 12:48 AM IST

The Union government has sought an independent evaluation of a key social security scheme aimed at providing pensions for the country’s large unorganized workforce because participation and enrolments have been low, the labour ministry has told a parliamentary panel.

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Coded diary revealed PFI’s terror acts, funding: NIA charge sheet

Updated on Mar 21, 2023 01:00 AM IST

A charge sheet filed by NIA in its larger probe into the activities of the PFI mentions the “recovery of a diary containing coded text in Malayalam on rioting, bomb blasts etc”.

Police attempt to detain PFI and SDPI workers during a protest against NIA raids in Karnataka’s Hubballi on September 22. (PTI)
By, New Delhi

In letter to Om Birla, Rahul Gandhi cites 2015 case to give reply in Lok Sabha

Updated on Mar 21, 2023 01:14 AM IST

In his letter, Gandhi said the BJP was throttling the right to speak and said it would be fair if he was given time to speak too.

Congress leader Rahul Gandhi. (PTI)
By, New Delhi

Welfare measures in focus as DMK govt presents budget

Published on Mar 21, 2023 12:42 AM IST

The budget pushed the envelope on welfare measures, a hallmark of Dravidian politics, while seeking to improve rather than worsen the state’s public finances.

Tamil Nadu chief minister MK Stalin with state finance minister Palanivel Thiaga Rajan before the state budget presentation, in Chennai. (PTI)
By, Chennai

Time to look at manufacturing aerospace products in India: Scindia

Updated on Mar 21, 2023 12:41 AM IST

The Union minister said domestic airlines are together projected to have a fleet of around 2,000 aircraft in the next five to seven years. India currently has a fleet of around 700 planes.

The minister said the government has increased air traffic controllers (ATCOs) to around 3,600 personnel, which is set to see an increase of 500 by August this year. (PTI)

Protests over action against Amritpal Singh erupt in 4 countries, India objects

Updated on Mar 21, 2023 12:53 AM IST

In recent weeks, India has registered strong protests with Canada and Australia over activities of pro-Khalistan groups, including the holding of a so-called “Khalistan referendum”.

The Indian flag was later hoisted at the Indian High Commission in London. (PTI)
By, , New Delhi/washington

‘Averse to sealed cover notes’: CJI to govt over OROP arrears

Published on Mar 21, 2023 12:39 AM IST

During the proceedings on Monday, the bench returned the confidential documents submitted by the AG but allowed the Centre’s request for additional time to clear OROP arrears in view of the financial implications of the outlay required to clear the outstanding to the tune of approximately ₹28,000 crores

Even as the court gave the government extended time (till February 28, 2024) to pay the OROP arrears to around 2.1 million army pensioners, the CJI-led bench, refused to accept a document handed over by attorney general R Venkataramani in his endeavour to account for the reasons why the government cannot pay the arrears in one go (PTI)

Strongly suspect ISI’s role in Amritpal’s ascent: Punjab Police

Updated on Mar 21, 2023 12:37 AM IST

Controversial pro-Khalistan preacher Amritpal Singh was trying to form a militia called Anandpur Khalsa Fauj (AKF) and had imprinted the name of this nascent outfit on bulletproof jackets and rifles that were recovered in an ongoing crackdown against the separatist leader and his followers, Punjab Police said on Monday

CRPF personnel patrol a street during a hunt for Waris Punjab De chief Amritpal Singh, in Jalandhar on Monday. (ANI)
By, Chandigarh/new Delhi

Unseasonal rains damage crops in T’gana: Officials

Updated on Mar 21, 2023 12:36 AM IST

Stating that it was unfortunate that the farmers had suffered heavy losses due to these rains, the Rythu Bandhu Samithi president said he, along with senior officials and local representatives, had personally inspected the damaged crops.

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By, Hyderabad

Bishop’s remarks spark political slugfest in Kerala

Published on Mar 21, 2023 12:36 AM IST

Thalassery (north Kerala) Arch Bishop of Mar Joseph Pamplani had given an open offering on Sunday that if the Union government raises the natural rubber’s price to ₹300 per kilogram believers will help the Bharatiya Janata Party to elect its first MP from the state. It stirred a hornet’s nest after the Congress and CPI(M) joined hands to list out recent attacks on minority institutions and fate meted out to Stan Swamy, an 84-year-old Jesuit priest, who died in judicial custody two years ago.

Minister of state for external affairs V Muraleedharan criticised Congress and CPI(M) leaders for attacking Christian leaders (ANI)
By, Thiruvananthapuram

TDP, YSRCP members come to blows in House

Updated on Mar 21, 2023 12:34 AM IST

Speaker Tammineni Sitaram, who later suspended 11 TDP members for the day, ruled that hereafter any member who would storm the Speaker’s podium and “behave in an unruly manner” would be automatically suspended from the House.

Members of the TDP and the ruling YSRCP came to virtual blows, after the opposition-held protests in the Andhra Pradesh assembly (PTI)
By, Hyderabad

T’gana orders detailed probe into paper leak case

Published on Mar 21, 2023 12:34 AM IST

Speaking to reporters, KTR, as the chief minister’s son is called, said the TSPSC had lodged a complaint with director general of police (DGP) Anjani Kumar to conduct a deep probe into the question paper leakage issue, as one of the accused who was arrested in connection with the incident turned out to be an active Bharatiya Janata Party (BJP) worker.

Telangana government has ordered a detailed police inquiry into the TSPSC exam question paper leak (ANI)
By, Hyderabad

HC annuls CPI(M) MLA’s election from Devikulam

Updated on Mar 21, 2023 12:44 AM IST

Devikulam is a reserved constituency and the court observed that Raja is a Christian convert from the scheduled tribe community and he is ineligible to contest from the seat.

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By, Thiruvananthapuram

Hospital staff held for sexual assault of patient: Police

Published on Mar 21, 2023 12:32 AM IST

Police said the incident occurred on Saturday in the women’s surgical ICU of the hospital. The woman, who was semi-conscious when the incident took place, informed the duty nurse and doctors about this after she regained consciousness, police said, adding that the hospital immediately filed a police complaint.

The Kerala police arrested an employee of the medical college hospital in Kozhikode for alleged sexually assaul of a woman patient (Agencies/Representative use)
By, Thiruvananthapuram
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