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economic survey

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“In the aftermath of Covid, it is important to find a resolution mechanism through a market determined price discovery” CII President Uday Kotak said.(Bloomberg)

India needs multiple bad banks to clean balance sheets of lenders, get credit growth back: CII

By Press Trust of India | Posted by Ayshee Bhaduri | New Delhi
PUBLISHED ON DEC 20, 2020 05:38 PM IST
“As the economy recovers, credit demand from industry will expand. Banks need to gear up to meet this demand. Market mechanism based multiple bad banks can help clean up banks’ balance sheets, encouraging them to lend,” CII stated.
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States can dictate quantities traders can store and also restrict the movement of any commodity deemed “essential”.(Hindustan Times)
States can dictate quantities traders can store and also restrict the movement of any commodity deemed “essential”.(Hindustan Times)

Decoding the impact of ECA amendments

By Zia Haq | Hindustan Times, New Delhi
UPDATED ON SEP 23, 2020 12:28 AM IST
The Essential Commodities Act 1955, which the bill amends, is mainly used to curb inflation by allowing the Centre to enable control by state governments of trade in a wide variety of commodities.
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At a time when India has also imbibed self-reliance as the cornerstone of post-pandemic recovery, there is a need to seriously examine the implications of such a sentiment.(Yogendra Kumar/HT PHOTO)
At a time when India has also imbibed self-reliance as the cornerstone of post-pandemic recovery, there is a need to seriously examine the implications of such a sentiment.(Yogendra Kumar/HT PHOTO)

US to Haryana, backlash against migrants grows

By Roshan Kishore | Hindustan Times, New Delhi, New Delhi
UPDATED ON JUL 11, 2020 11:44 AM IST
All are clear signs that the pandemic, and the economic disruption it has inflicted, has added to the already growing backlash against free movement of labour across the world.
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Migrants returning from Rajasthan, Patna, Bihar, May 9, 2020(Santosh Kumar)
Migrants returning from Rajasthan, Patna, Bihar, May 9, 2020(Santosh Kumar)

A post-Covid-19 social protection architecture for India

By Karthik Muralidharan
UPDATED ON JUN 11, 2020 12:39 PM IST
Stronger social protection led by an inclusive growth dividend will protect the vulnerable and drive India’s economic recovery
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Finance Minister Nirmala Sitharaman said the government will amend the EC Act to make the agriculture sector more competitive and ensure better price realisation to farmers.(AFP)
Finance Minister Nirmala Sitharaman said the government will amend the EC Act to make the agriculture sector more competitive and ensure better price realisation to farmers.(AFP)

Govt to amend decades-old EC law to deregulate food items, give farmer marketing choice

By Press Trust of India | New Delhi
PUBLISHED ON MAY 15, 2020 09:57 PM IST
As a result of the amendment, the stock limit on food products like edible oils, oilseeds, potato and onion will not be imposed in normal cases but only in exceptional circumstances like natural calamities, famine with a surge in prices.
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Female labour force participation rate (LFPR) for productive age-group (15- 59 years) has shown a declining trend from 33.1% in 2011-12 to 25.3% in 2017-18.(HT file photo for representation)
Female labour force participation rate (LFPR) for productive age-group (15- 59 years) has shown a declining trend from 33.1% in 2011-12 to 25.3% in 2017-18.(HT file photo for representation)

Women’s participation in labour market reflects a declining trend

By K V Subramanian and Surbhi Jain | Hindustan Times
UPDATED ON MAR 08, 2020 05:35 AM IST
While women account for almost half of India’s population, their participation in the labour market is almost one-third; the worrying part is that it is declining.
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India’s entertainment sector today finds itself at a crossroads just like the US gaming industry did in the mid-90s(Bloomberg)
India’s entertainment sector today finds itself at a crossroads just like the US gaming industry did in the mid-90s(Bloomberg)

Adopt a self-regulation model for tech industries

By Vivan Sharan and Akshat Agarwal
PUBLISHED ON MAR 04, 2020 07:39 PM IST
Allow the online entertainment industry to govern itself. It will sustain creativity, ensure growth, boost revenue
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Prime Minister Narendra Modi hailed the decade’s first Union budget.(PTI Photo)
Prime Minister Narendra Modi hailed the decade’s first Union budget.(PTI Photo)

‘Budget 2020 one of vision and action, will boost jobs’: PM Modi

By Saubhadra Chatterji | Hindustan Times, New Delhi
PUBLISHED ON FEB 02, 2020 01:32 AM IST
PM Modi dubbed it a “Jan Jan ka Budget”, or a budget for every person.
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A distress-ridden rural and informal sector has the potential of triggering a contagion in the formal economy as well(Ajay Aggarwal/HT PHOTO)
A distress-ridden rural and informal sector has the potential of triggering a contagion in the formal economy as well(Ajay Aggarwal/HT PHOTO)

What the Union Budget did not say | Opinion

By Roshan Kishore | Hindustan Times
UPDATED ON SEP 06, 2020 05:36 PM IST
The focus should have been on rejuvenating the informal economy, not the vision of formalisation
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Negative cues from global markets amid concerns over China’s coronavirus outbreak continued to weigh on investor sentiment here, traders said.(ANI / Twitter)
Negative cues from global markets amid concerns over China’s coronavirus outbreak continued to weigh on investor sentiment here, traders said.(ANI / Twitter)

Sensex slumps over 200 points ahead of Union Budget; Nifty tests 11,900

By Press Trust of India | Mumbai
UPDATED ON FEB 01, 2020 09:52 AM IST
According to analysts, investors are cautious ahead of the Union Budget as all eyes will be on how centre is going to bring growth as any increase in spending would result in widening of fiscal deficit.
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Sitharaman will begin her budget speech at around 11am with an address to the Speaker of the Lok Sabha.(PTI)
Sitharaman will begin her budget speech at around 11am with an address to the Speaker of the Lok Sabha.(PTI)

Budget 2020: Nirmala Sitharaman’s second budget may have tax cuts, sops to spur growth

By HT Correspondent | Hindustan Times, New Delhi
UPDATED ON FEB 01, 2020 08:13 AM IST
Budget 2020: Nirmala Sitharaman will be aiming to get growth back up with the economy staring at the worst pace of expansion recorded in a decade with her second budget as the second woman finance minister after Indira Gandhi.
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With nominal GDP expected to grow at a much slower pace than the budgeted targets (7.75% against 12%), revenue collections will take a hit.(AP Representative Image)
With nominal GDP expected to grow at a much slower pace than the budgeted targets (7.75% against 12%), revenue collections will take a hit.(AP Representative Image)

As government projects growth revival, 4 numbers that define the economy

By Roshan Kishore | Hindustan Times, New Delhi
UPDATED ON FEB 01, 2020 08:22 AM IST
Headline inflation numbers jumped to 7.35% in December 2019, mainly due to a spike in vegetable and pulse prices.
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Chief economic advisor K Subramanian addressing a media on the Economic Survey 2019-20.
Chief economic advisor K Subramanian addressing a media on the Economic Survey 2019-20.

India to grow 6-6.5% next year: Economic Survey

By Roshan Kishore and Rajeev Jayaswal | Hindustan Times, New Delhi
PUBLISHED ON FEB 01, 2020 12:28 AM IST
Growth data released by the ministry of statistics a few hours after the survey was tabled in Parliament said that the Indian economy grew at a slower pace than previously estimated last year (2018-19).
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Due to absence of competition in government schools, quality of education in such schools or institutions is low. As a result, more and more students prefer to enroll themselves in private institutions, the survey says.(PTI PHOTO.)
Due to absence of competition in government schools, quality of education in such schools or institutions is low. As a result, more and more students prefer to enroll themselves in private institutions, the survey says.(PTI PHOTO.)

Affordability of learning, quality of teaching in govt schools are key issues: Economic Survey

By Amandeep Shukla | Hindustan Times, New Delhi
UPDATED ON JAN 31, 2020 11:12 PM IST
The survey observes that students pursuing education in private aided institutions are spending significantly higher as compared to government institutions across rural-urban India.
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Principal Economic Adviser to the Ministry of Finance, Sanjeev Sanyal, and Chief Economic Advisor, Krishnamurthy Subramanian, releasing Economic Survey 2019-20 during the press conference, in New Delhi(ANI)
Principal Economic Adviser to the Ministry of Finance, Sanjeev Sanyal, and Chief Economic Advisor, Krishnamurthy Subramanian, releasing Economic Survey 2019-20 during the press conference, in New Delhi(ANI)

How to read the economic survey

By HT Correspondent | Hindustan Times
UPDATED ON JAN 31, 2020 08:25 PM IST
It seems to suggest that the worst is over. Is it?
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Principal Economic Adviser to the Ministry of Finance Sanjeev Sanyal and Chief Economic Advisor Krishnamurthy Subramanian releasing Economic Survey 2019-20 during the press conference, in New Delhi on Friday.(ANI photo)
Principal Economic Adviser to the Ministry of Finance Sanjeev Sanyal and Chief Economic Advisor Krishnamurthy Subramanian releasing Economic Survey 2019-20 during the press conference, in New Delhi on Friday.(ANI photo)

Eco Survey’s Thalinomics finds veg meals became more affordable than non-veg

By Rajeev Jayaswal | Hindustan Times, New Delhi
UPDATED ON JAN 31, 2020 04:20 PM IST
The affordability of vegetarian ‘thalis’ improved by 29% between 2006-07 and 2019-2020 while that of non-vegetarian improved by 18, the survey tabled in Parliament by Finance Minister Nirmala Sitharaman said.
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Chief economic advisor K Subramanian addressing a media on the Economic Survey 2019-20.(ANI Photo)
Chief economic advisor K Subramanian addressing a media on the Economic Survey 2019-20.(ANI Photo)

Economic Survey: ‘Indian economy slowed down partly because of weak global growth’: CEA

By HT Correspondent | Hindustan Times, New Delhi
UPDATED ON JAN 31, 2020 02:48 PM IST
A government statement said the survey attempts to craft a framework of policies that can foster wealth creation in India, which in turn, would set the economy firmly on an upward growth trajectory,
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(Sanchit Khanna/HT PHOTO)
(Sanchit Khanna/HT PHOTO)

Economic Survey 2019: Around 2.62 crore new jobs created during 2011-18

By Asian News International | New Delhi
PUBLISHED ON JAN 31, 2020 02:39 PM IST
69.03 lakh candidates were trained under the Pradhan Mantri Kaushal Vikas Yojana (PMKVY) as in November 2019, while there was a 8 per cent increase in regular Employment of Women in 2017-18 over 2011-12.
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The Economic Survey 2019-20 tabled in the Parliament on Friday has projected a 6%-6.5% growth for 2020-21(ANI screengrab)
The Economic Survey 2019-20 tabled in the Parliament on Friday has projected a 6%-6.5% growth for 2020-21(ANI screengrab)

Economic Survey projects 6%-6.5% growth for 2020-21, hints economy bottomed out

By HT Correspondent | Hindustan Times, New Delhi
UPDATED ON JAN 31, 2020 02:36 PM IST
India’s gross domestic product (GDP) grew at 4.5% in the second quarter of the current financial year, the lowest since March 2013. According to the National Statistical Office’s (NSO) first advance estimates, India’s GDP is expected to grow at 5% in 2019-20, the lowest since 2008-09.
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Kotak Mahindra Bank was the top gainer in the Sensex pack, rallying over 4 per cent(PTI)
Kotak Mahindra Bank was the top gainer in the Sensex pack, rallying over 4 per cent(PTI)

Sensex jumps over 200 points ahead of Economic Survey; Nifty holds 12K

By Press Trust of India | Mumbai
UPDATED ON JAN 31, 2020 10:19 AM IST
In the previous session, Sensex settled 284.84 points lower at 40,913.82, and Nifty closed 93.70 points down at 12,035.80
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The government will release the Economic Survey for 2019-2020 on Friday(Sanjeev Verma/HT PHOTO)
The government will release the Economic Survey for 2019-2020 on Friday(Sanjeev Verma/HT PHOTO)

Economic Survey: From a report card to policy changes

By HT Correspondent | Hindustan Times, New Delhi
UPDATED ON JAN 31, 2020 09:28 AM IST
The Economic Survey is a comprehensive analysis of the Indian economy, including its growth and fall, in the past year.
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The idea behind starting the Budget early in February was to complete the budgetary process by March 31, so that expenditure exercise for 12 months could begin on April 1 itself.(Ajay Aggarwal/HT PHOTO)
The idea behind starting the Budget early in February was to complete the budgetary process by March 31, so that expenditure exercise for 12 months could begin on April 1 itself.(Ajay Aggarwal/HT PHOTO)

Budget 2020 likely to be presented on February 1, Economic Survey on January 31: Report

By Indo Asian News Service | Indo Asian News Service
UPDATED ON DEC 14, 2019 11:51 AM IST
In the Economic Survey 2019 which was presented on July 4, a day before the General Budget on July 5 after the Modi government started its second innings in the government, the focus was on “What India needs to become a $10 trillion economy by 2030. “
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The minimum wages for piece-rated workers calls for a different approach from the usual time-rated notion(HT)
The minimum wages for piece-rated workers calls for a different approach from the usual time-rated notion(HT)

Can relocating industries help women job seekers?

By Eesha Kunduri and Farzana Afridi
PUBLISHED ON SEP 17, 2019 07:33 PM IST
Regularisation of unplanned industrial areas can help, as they create home-based work opportunities for them
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A boom in consumption, or spending on various goods and services, from electronic gadgets to holidays, is evident from the flow of retail loans to households, which are growing at a robust 17% annually.(PTI FILE/ Representative Image)
A boom in consumption, or spending on various goods and services, from electronic gadgets to holidays, is evident from the flow of retail loans to households, which are growing at a robust 17% annually.(PTI FILE/ Representative Image)

Domestic savings down to a decade’s low: Data

By Zia Haq | Hindustan Times, New Delhi
UPDATED ON AUG 04, 2019 09:01 AM IST
Financial liabilities of households are mounting, which is not a good sign, experts say.
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In just over 20 years, India will be an aging society, similar to where China is now, according to the Economic Survey.(Hindustan Times)
In just over 20 years, India will be an aging society, similar to where China is now, according to the Economic Survey.(Hindustan Times)

India running out of time to cash in on its Gen Z boom

By Ronojoy Mazumdar | Bloomberg
UPDATED ON JUL 24, 2019 11:56 AM IST
The nation’s population in the under-19 age group has already peaked, government data show. That means the labor force will grow more slowly from here on out.
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Finance Minister Nirmala Sitharaman(ANI photo)
Finance Minister Nirmala Sitharaman(ANI photo)

Nirmala Sitharaman offers to play ‘class teacher’ to clarify Budget concerns

By HT Correspondent | Hindustan Times, New Delhi
UPDATED ON JUL 10, 2019 09:12 PM IST
The finance minister’s comments riling the opposition came right after she had explained the alleged anomalies raised by the opposition.
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“If employment is not generated, the migration trend will rise in UP as people will migrate to those states where the working age population is declining.”(Representative image/Shutterstock)
“If employment is not generated, the migration trend will rise in UP as people will migrate to those states where the working age population is declining.”(Representative image/Shutterstock)

‘UP will have to create more jobs to check migration’

By Saurabh Chauhan | Hindustan Times, Lucknow, Lucknow
PUBLISHED ON JUL 08, 2019 03:22 PM IST
With the size of working population is expected to decline in 11 out of the 22 major states during 2031-41 and working population is likely to rise in Uttar Pradesh (UP) in the same period, the state will have to create more jobs and enhance the productivity of youths to check migration.
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A section of academics and commentators, including a former chief economic advisor to the Narendra Modi government, think that the economy is doing worse than what the official statistics tell us.
A section of academics and commentators, including a former chief economic advisor to the Narendra Modi government, think that the economy is doing worse than what the official statistics tell us.

Opinion | A demand-side view of the current economic slowdown

UPDATED ON JUL 07, 2019 12:25 PM IST
Key to successful economic transformation lies in having a holistic picture about the challenges facing the economy and then synchronising specific policy responses with the right opportunities for making these interventions
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Arun Jaitley(PTI fie photo)
Arun Jaitley(PTI fie photo)

‘A tap for every home,’ Arun Jaitley analyses Sitharaman’s budget 2019

By Rajeev Jayaswal | Hindustan Times, New Delhi
UPDATED ON JUL 06, 2019 05:30 PM IST
In a Facebook post a day after the Budget presentation, Jaitley said a fundamental question has always been asked as to what would one choose between good economics and clever politics.
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For a mandate as massive as the Modi government has received, a first budget could have tried harder(Raj K Raj/HT PHOTO)
For a mandate as massive as the Modi government has received, a first budget could have tried harder(Raj K Raj/HT PHOTO)

What the quest for a $5 trillion economy entails

By Partha Mukhopadhyay
UPDATED ON JUL 06, 2019 05:54 AM IST
Did the inertia of the budgetary process sabotage the claimed novelty of the budget? Did it miss a trick?
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